Silver price tests the resistance - Analysis - 16-09-2021

2021-09-16 04:28:52 GMT (Economies.com)
 

Silver price continues to fluctuate around the broken neckline of the head and shoulders’ pattern, and the EMA50 forms continuous negative pressure against the price, to continue suggesting the bearish trend that depends on the price stability below 23.95, reminding you that we are waiting to visit 22.90 as a next main target.

 

The expected trading range for today is between 23.30 support and 24.10 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1624
0.0013
0.1141%
1.3773
0.0034
0.2449%
Tadawul
11873.70
27.77
0.23%
24.433
1.120
4.804%
84.656
1.310
1.572%
86.17
0.65
0.76%
1801.425
31.685
1.790%
 
 
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