Silver price gathers the positive momentum – Analysis - 22-01-2021
Economies.com
2021-01-22 05:17AM UTC
Silver price tests the support base formed above 25.50, noticing that stochastic got rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the bullish trend that its next targets located at 27.70 followed by 28.90.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 25.50 and holding below it.
The expected trading range for today is between 25.20 support and 26.50 resistance.
The expected trend for today: Bullish
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