Silver price within tight track – Analysis - 08-01-2021

Economies.com
2021-01-08 03:48AM UTC

Silver price continues to fluctuate within tight track, keeping its stability inside the bullish channel that appears on the chart, while the EMA50 continues to support the price from below.

 

Therefore, we will keep our bullish overview that depends on the price stability above 26.65, reminding you that our next target is located at 28.40.

 

The expected trading range for today is between 26.65 support and 28.00 resistance.

 

The expected trend for today: Bullish

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