Silver price completes the negative pattern - Analysis - 26-07-2021
Economies.com
2021-07-26 03:51AM UTC
Silver price managed to break the bearish flag’s support line and settles below it now, to get negative motive that we expect to push the price to continue the expected decline on the intraday and short term basis, waiting to test 24.95 initially, noting that breaking this level will open the way to extend the bearish wave towards 23.76.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 25.65.
The expected trading range for today is between 24.70 support and 25.65 resistance.
The expected trend for today: Bearish
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