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Silver price surpasses the second target - Analysis - 18-06-2021
Silver price declined strongly yesterday to surpass our waited target at 26.25 and heads towards achieving more bearish correction, as the next target is located at 25.65, waiting for more expected decline in the upcoming sessions.
Therefore, we expect the continuation of the bearish trend domination on the intraday basis, taking into consideration that breaching 26.25 is considered as an initial positive key to start recovery attempts and regain the main bullish trend again.
The expected trading range for today is between 25.65 support and 26.60 resistance.
The expected trend for today: Bearish
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Gold price hits the extended target – Analysis - 18-06-2021
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