Silver price hits the target - Analysis - 26-03-2021
Economies.com
2021-03-26 04:42AM UTC
Silver price succeeded to touch our waited target at 24.55 and bounced bullishly to fluctuate around 25.00, noticing that stochastic lost its positive momentum to show clear overbought signals, which support the chances of resuming the negative trades and achieve negative targets that extend to 24.00.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 25.50 and holding above it.
The expected trading range for today is between 24.40 support and 25.50 resistance.
The expected trend for today: Bearish
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