Technical Analysis: Silver Prices Show Negative Overlap

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.

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