Silver price declines calmly - Analysis - 19-05-2022
Economies.com
2022-05-19 04:08AM UTC
Silver price shows calm negative trades, to keep moving away from 21.83 level, reinforcing the expectations of continuing the bearish trend, waiting for more decline that targets 21.00 followed by 20.50 levels as next main stations.
The EMA50 supports the expected decline, which will remain valid unless the price rallied to breach 21.83 and hold above it.
The expected trading range for today is between 20.95 support and 21.70 resistance.
The expected trend for today: Bearish
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