Silver price surpasses the target - Analysis - 05-03-2021
Economies.com
2021-03-05 05:18AM UTC
Silver price succeeded to achieve our waited target at 25.50 and surpassed it to settle below it, confirming the continuation of the bearish trend domination in the upcoming period, and the way is open to head towards 24.65 that represents our next target.
The EMA50 keeps pressing negatively on the price to support the expectations of continuing the bearish trend, taking into consideration that holding below 25.50 and 26.10 levels is important to achieve the waited targets.
The expected trading range for today is between 24.65 support and 25.80 resistance.
The expected trend for today: Bearish
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