Silver price surpasses the first target – Analysis - 04-01-2021
Economies.com
2021-01-04 05:00AM UTC
Silver price succeeded to achieve our waited target at 26.88 and breached it to settle above it, reinforcing the expectations of continuing the bullish trend on the short term and medium term basis, on its way to visit 28.05 as a next positive target.
The EMA50 supports the continuation of trading inside the bullish channel that appears on the chart, to keep the bullish trend active for the upcoming period unless breaking 26.88 followed by 26.15 levels and holding below them.
The expected trading range for today is between 26.70 support and 28.00 resistance.
The expected trend for today: Bullish
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