Silver price retests the breached neckline - Analysis - 15-11-2021
Economies.com
2021-11-15 05:32AM UTC
Silver price shows new negative trading now to approach from retesting the breached neckline of the inverted head and shoulders pattern that its lines appear in the above chart, and it is located at 24.80, the price needs to settle above this level to keep the positive scenario active, where breaking it will push the price to decline towards 24.20 initially, besides canelling the effect of the positive effect of the mentioned patter.
Now, the price needs to get positive momentum that assists to push the trading to resume the main bullish trend that its next main target at 25.95.
The expected trading range for today is between 24.60 support and 25.50 resistance.
The expected trend for today: Bullish
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