Silver price is stable - Analysis - 25-11-2021

2021-11-25 05:16:06 GMT (Economies.com)
 

Silver price shows sideways and tight trades since yesterday, noticing that stochastic loses its positive momentum gradually, while the EMA50 forms negative pressure against the price, which makes us keep our bearish overview that depends on the price stability below 24.20, noting that we are waiting to visit 23.15 followed by 22.25 levels on the near term basis.

 

The expected trading range for today is between 23.00 support and 24.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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