Silver price reaches the target - Analysis - 04-05-2021

2021-05-04 00:29:20 GMT (Economies.com)
 

Silver price succeeded to reach our waited target at 27.00 and settles near it, as it managed to return to the bullish channel that appears on the chart, waiting for more rise to visit 27.80 that represents our next positive station.

 

The EMA50 supports the price from below, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 26.40.

 

The expected trading range for today is between 26.40 support and 27.50 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2089
-0.0084
0.6901%
1.4039
-0.0097
0.6858%
Tadawul
10322.68
86.96
0.85%
26.958
-0.847
3.045%
64.270
-1.122
1.716%
67.87
-1.44
2.08%
1819.900
-24.325
1.319%
 
 
Live Forex Updates