Silver price keeps declining - Analysis - 15-06-2022

2022-06-15 04:33:02 GMT (Economies.com)
 

Silver price keeps declining to attempt to break 21.00 barrier, to support the expectations of continuing the bearish trend, supported by the EMA50, reminding you that our next target is located at 20.50.

 

Holding below 21.85 is important to continue the expected decline, as breaching it will stop the current negative pressure and lead the price to achieve new bullish correction that targets testing 22.67 initially.

 

The expected trading range for today is between 20.60 support and 21.50 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0427
-0.0154
1.4550%
1.2096
-0.0176
1.4311%
19.698
-1.669
7.811%
108.022
0.605
0.563%
111.50
2.47
2.27%
1799.775
-29.770
1.627%
 
 
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