Silver price faces solid support - Analysis - 16-06-2021
Economies.com
2021-06-16 04:31AM UTC
Silver price attempted to break 27.55 level without managing to hold below it, waiting to get negative motive to assist to achieve the required break followed by rallying towards our waited correctional target at 26.85.
Until now, the bearish trend scenario still valid as long as 27.90 level remains intact, noting that the EMA50 supports the expected decline.
The expected trading range for today is between 27.00 support and 28.00 resistance.
The expected trend for today: Bearish
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