Silver price tests the support base - Analysis - 24-02-2021
Economies.com
2021-02-24 05:24AM UTC
Silver price tested 27.50 level and kept its stability above it, as the EMA50 meets this support to add more strength to it, while stochastic begins to overlap positively now.
Therefore, we believe that the chances valid to resume the expected bullish trend for the upcoming period, which its next targets located at 29.00 and 29.80, reminding you that it is important to hold above 27.50 to acvhieve the suggested targets.
The expected trading range for today is between 27.40 support and 28.50 resistance.
The expected trend for today: Bullish
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