Silver price is retesting again - Analysis - 17-11-2021
Economies.com
2021-11-17 05:35AM UTC
Silver price returns to retest the breached neckline of the inverted head and shoulders’ pattern at 24.80 and keeps its stability above it until now, accompanied by witnessing clear positive signals through stochastic, while the EMA50 meets the mentioned level to add more strength to it.
Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which depends on the price stability above the mentioned support, while our next main target is located at 25.95.
The expected trading range for today is between 24.60 support and 25.50 resistance.
The expected trend for today: Bullish
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