Silver price within a continuation pattern - Analysis - 25-06-2021

Silver price’s recent trades are confined within symmetrical triangle’s pattern that its signs appear on the chart, thus, the price needs to break this pattern’s support line to get negative motive that assists to push the price to resume the expected bearish trend for the upcoming period, which its targets begin by breaking 25.65 to confirm opening the way to head towards 24.95 as a next station.

In general, we will continue to suggest the bearish trend on the intraday and short term basis conditioned by the price stability below 26.25 and the most important below 26.85.

The expected trading range for today is between 25.50 support and 26.25 resistance.

The expected trend for today: Bearish