Midday update for Silver 23-10-2020

Economies.com
2020-10-23 10:36AM UTC

Silver price continues to fluctuate around the bullish channel’s support line, and we still need a confirmed break to this support to reinforce the expectations of continuing the bearish trend in the upcoming sessions, which targets 23.60 level mainly.

 

In general, the bearish trend scenario will remain valid and active unless breaching 25.06 level and holding above it.

 

The expected trading range for today is between 23.90 support and 25.20 resistance.

 

The expected trend for today: Bearish

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