Silver price keeps its negative stability - Analysis - 01-12-2021

2021-12-01 05:22:31 GMT (Economies.com)
 

Silver price retested 23.15 level and kept its stability below it, as it bounced bearishly to resume the expected bearish trend for the upcoming period, organized inside the bearish channel that has negative targets that surpass 22.20 to reach 21.40.

 

Therefore, we will continue to suggest the bearish trend that gets continuous support by the EMA50 unless breaching 23.15 and holding above it.

 

The expected trading range for today is between 22.40 support and 23.15 resistance.

 

The expected trend for today: Bearish

 

 
 
 
  Symbol Last Change Chg.%
1.1284
-0.0013
0.1146%
1.3490
0.0012
0.0876%
Tadawul
12108.56
56.61
0.47%
23.784
-0.033
0.139%
84.641
1.100
1.317%
87.64
1.30
1.51%
1847.715
8.250
0.449%
 
 
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