Silver price faces solid resistance - Analysis - 19-04-2022
Economies.com
2022-04-19 01:33AM UTC
Silver price attempted to breach 25.95 level but it couldn’t hold for long time above it, to close the daily candlestick below it, which puts the price under expected negative pressure in the upcoming sessions, targeting testing 25.50 followed by 25.05 levels mainly.
Therefore, we expect to witness bearish bias on the intraday basis unless the price rallied to breach 25.95 and hold with a daily close above it.
The expected trading range for today is between 25.30 support and 26.00 resistance.
The expected trend for today: Bearish
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