Silver price attempts positively – Analysis - 25-01-2021
Economies.com
2021-01-25 02:24AM UTC
Silver price shows positive trading with todays’ opening, in attempt to resume the expected bullish trend on the intraday basis, supported by stochastic positivity that appears on the four hours time frame, waiting for more of the upside moves to visit 27.70 then 28.90 levels as next main targets.
Therefore, the bullish trend scenario will remain preferred in the upcoming sessions, being aware that the failure to breach 25.50 will stop the expected rsie and pushes the price to decline again.
The expected trading range for today is between 25.00 support and 26.50 resistance.
The expected trend for today: Bullish
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