Silver price is around the channel’s resistance - Analysis - 08-04-2021
Economies.com
2021-04-08 04:16AM UTC
Silver price trades around the correctional bearish channel’s resistance that appears on the chart, and stochastic continues to provide the negative signals, to keep our bearish overview that targets 22.90 level mainly.
The price needs to break 24.75 to reinforce the expectations to decline, taking into consideration that the continuation of the bearish wave requires holding below 25.50.
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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