Silver price resumes the decline - Analysis - 12-05-2022
Economies.com
2022-05-12 04:09AM UTC
Silver price bounced bearishly after the rise that it witnessed yesterday, to resume the main bearish trend within the bearish channel that has negative targets that reach 20.75.
The EMA50 and stochastic support the suggested bearish wave, which will remain valid unless the price rallied to breach 22.10 and hold above it.
The expected trading range for today is between 20.90 support and 21.75 resistance.
The expected trend for today: Bearish
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