Silver price resumes the decline – Analysis - 11-02-2021
Economies.com
2021-02-11 04:58AM UTC
Silver price bounced bearishly after fluctuating at 27.60 level in the previous sessions, which supports the continuation of the expected bearish trend scenario for the upcoming period, which targets 25.50 level mainly.
The price needs to confirm surpassing the EMA50 to reinforce the expectations of continuing the decline, reminding you that the continuation of the bearish wave depends on the price stability below 27.60.
The expected trading range for today is between 26.00 support and 27.40 resistance.
The expected trend for today: Bearish
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