Silver price within the bearish channel - Analysis - 09-03-2021

Economies.com
2021-03-09 05:25AM UTC

Silver price continues to fluctuate inside the intraday bearish channel, tesing this channel’s resistance again, waiting to get negative motive that assists to push the price to continue the decline that targets 24.56 level as a next station.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 25.50 followed by 26.05 levels and holding above them.

 

The expected trading range for today is between 24.60 support and 25.70 resistance.

 

The expected trend for today: Bearish

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