Silver price heads for more gains – Analysis - 21-01-2021

Economies.com
2021-01-21 05:01AM UTC

Silver price breached 25.50 level clearly and settled above it, which turns the intraday track to the upside, on its way to achieve positive targets that start at 27.70 and extend to 28.90.

 

Moving above the EMA50 supports the suggested positive scenario, which will remain valid unless breaking 25.50 level and holding below it again.

 

The expected trading range for today is between 25.20 support and 26.80 resistance.

 

The expected trend for today: Bullish

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