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Technical Analysis: Silver Prices Show Negative Overlap

by Joy

On June 27, analysts at Economies have the latest opinion today: silver prices continue to rise, approaching 23.00, it is worth noting that the stochastic indicator has lost the bullish signal it provided, and now presents a negative overlap, waiting to stimulate the price to resume a corrective decline, reminding You, our first target is at 22.25, a break above that would lead to 21.35, followed by a key rebound at 21.65.

EMA50 continues to support the recommended decline, provided the price stabilizes below 23.00.

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Today’s expected trading range is between 22.25 support and 23.00 resistance.

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