Silver price crawls downwards – Analysis - 12-02-2021

Economies.com
2021-02-12 05:01AM UTC

Silver price fluctuates with slight negativity to move away gradually from 27.60, which supports the continuation of our bearish overview, which targets testing 25.50 level mainly, and the price needs to break 26.60 to ease the mission of achieving the mentioned target.

 

On the other hand, we should note htat the continuation of the expected bearish wave requires the stability of the daily close below 27.60.

 

The expected trading range for today is between 26.00 support and 27.60 resistance.

 

The expected trend for today: Bearish

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