Midday update for Silver 09-03-2022

Economies.com
2022-03-09 09:38AM UTC

Silver price provides negative trades affected by stochastic negativity, but as long as the price is above 26.00, the overall bullish trend scenario will remain active, supported by the EMA50 that carries the price from below, noting that we need to breach 27.00 to confirm extending the bullish wave towards 27.80 followed by 28.75 levels.

 

The expected trading range for today is between 26.20 support and 27.00 resistance.

 

The expected trend for today: Bullish

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