Silver price hits the target - Analysis - 17-09-2021

2021-09-17 04:36:48 GMT (Economies.com)
 

Silver price rallied downwards strongly yesterday to succeed achieving our waited target at 22.90 and presses negatively on it, to hint heading to continue the decline on the intraday and short term basis, noting that the next station is located at 22.30.

 

Therefore, the bearish bias will remain suggested in the upcoming sessions, taking into consideration that breaching 23.10 might push the price to test 23.80 areas before any new attempt to decline.

 

The expected trading range for today is between 22.30 support and 23.30 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1610
-0.0002
0.0129%
1.3749
-0.0020
0.1427%
Tadawul
11807.79
-43.89
0.37%
24.177
-0.298
1.220%
82.709
-2.218
2.612%
84.68
-1.82
2.10%
1798.540
-5.505
0.305%
 
 
Live Forex Updates