Silver price is around the moving average - Analysis - 03-05-2021
Economies.com
2021-05-03 01:10AM UTC
Silver price hovers around the EMA50, and stochastic moves near the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next main target located at 27.00.
Breaching 26.30 will ease the mission of achieving the waited target, while the expected ries will remain valid unless breaking 25.50 and holding with a daily close below it.
The expected trading range for today is between 25.60 support and 26.50 resistance.
The expected trend for today: Bullish
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