Silver price is stable - Analysis - 28-10-2021

2021-10-28 04:12:09 GMT (Economies.com)
 

Silver price settles below 24.20 level, to keep the negative pressure valid for the upcoming period, supported by the negative signal provided by stochastic now, waiting to resume the bearish bias that targets 23.15 level mainly.

 

Breaking 23.90 will ease the mission of achieving the waited target, while breaching 24.20 represents the key to resume the correctional bullish wave that its next target located at 25.05.

 

The expected trading range for today is between 23.50 support and 24.30 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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