Silver price resumes the decline - Analysis - 29-06-2021
Economies.com
2021-06-29 04:21AM UTC
Silver price trades negatively to break the symmetrical triangle’s support line that appears on the chart, reinforcing the expectations of continuing the bearish trend, motivated by stochastic current negativity, waiting for more decline to test 25.65 as a first target.
We remind you that breaking the mentioned level will push the price to 24.95 as a next negative target, while holding below 26.25 represents key condition to continue the expected decline.
The expected trading range for today is between 25.40 support and 26.25 resistance.
The expected trend for today: Bearish
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