Silver price keeps its negative stability - Analysis - 11-10-2021

2021-10-11 04:10:16 GMT (Economies.com)
 

Silver price attempted to breach 22.90 level but it returned to hold below it, which keeps the bearish trend scenario valid and active for the upcoming period, which moves organized inside the main bearish channel that appears on the chart, waiting to head towards 21.65 as a first main target.

 

Note that breaching 22.90 will push the price to test the main resistance 23.45 before any new attempt to decline.

 

The expected trading range for today is between 22.20 support and 23.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9695
-0.0282
2.8259%
1.0784
-0.0582
5.1228%
18.745
-0.514
2.669%
78.406
-4.084
4.951%
85.49
-0.78
0.90%
1646.490
-17.460
1.049%
 
 
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