Silver price presses on the support - Analysis - 23-03-2021
Economies.com
2021-03-23 05:42AM UTC
Silver price begins today with new bearish bias to start pressing on 25.50 level, which support the chances of continuing the expected bearish trend on the intraday and short term basis, reminding you that breaking the mentioned level will push the price to 24.55 as a next negative target.
Moving below the EMA50 supports the expected decline, which will remain valid unless breaching 26.75 and holding above it.
The expected trading range for today is between 24.80 support and 26.00 resistance.
The expected trend for today: Bearish
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