Silver price gets a negative signal - Analysis - 06-10-2021

Economies.com
2021-10-06 03:59AM UTC

Silver price fluctuates within tight sideways track in the previous sessions, noticing that stochastic begins to provide negative signals now, waiting to motivate the price to resume the expected bearish trend on the intraday basis, which its targets begin at 21.65.

 

Breaking 22.30 will ease the mission of achieving the expected decline, which will remain valid unless the price rallied to breach 22.90 and hold above it.

 

The expected trading range for today is between 22.00 support and 22.70 resistance.

 

The expected trend for today: Bearish

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