Silver price tests the resistance – Analysis – 15-02-2021 – Economies.com

Silver price returns to test the key resistance 27.60, and the price needs to hold below this level to keep the bearish trend valid for the upcoming period, which its next main target located at 25.50.

Until now, we will continue to suggest the bearish trend supported by stochastic negativity, noting that breaking 26.60 is required to reinforce the expectations to decline.

The expected trading range for today is between 26.50 support and 27.90 resistance.

The expected trend for today: Bearish

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