Commodities

Midday update for Silver 05-07-2022

2022-07-05 09:48:47 GMT (Economies.com)

Silver price resumes its negative to move away from 20.00 barrier, reinforcing the expectations of continuing the bearish trend, motivated by stochastic negativity, waiting to head towards 19.00 that represents our next target, noting that holding below 20.70 and 21.20 is important to continue the expected decline.

 

The expected trading range for today is between 19.50 support and 20.35 resistance.

 

The expected trend for today: Bearish

More Analysis

Risk Disclaimer : Economies would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Economies does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.