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Silver price keeps its negative stability - Analysis - 21-10-2022
Silver price attempted to breach 18.80 level but it kept its stability below it, as the EMA50 formed good resistance against the price, while stochastic shows clear negative signals now.
Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which targets 18.00 followed by 17.60 levels as next main stations, reminding you that holding below 18.80 is important to achieve these targets.
The expected trading range for today is between 18.00 support and 18.90 resistance.
The expected trend for today: Bearish
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