Silver price keeps its negative stability - Analysis - 15-04-2021

Economies.com
2021-04-15 01:43AM UTC

Silver price settles below 25.50 level, which keeps our bearish overview valid until now, waiting to get negative motive that assists to push the price to resume the bearish trend that targets testing 24.75 level initially, reminding you that breaking this level will extend the bearish wave to reach 22.90 on the near term basis.

 

On the other hand, we should note that breaching 25.50 and holding above it will stop the expected decline and lead the price to turn to rise.

 

The expected trading range for today is between 24.70 support and 25.70 resistance.

 

The expected trend for today: Bearish

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