Silver is Potentially Bullish

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Published: Jun 15, 2021, 07:28 GMT+00:00

Silver is slightly bullish but if the price holds above the POC we should see a move up.

27.50-60 is the zone where we should see the bounce. Targets are 27.99 and 28.40. The structure looks bullish and bears could be stronger only if the price breaks below 27.28. At this point we should see a bounce and bulls could be in profit by the end of the day. Watch for the FOMC tomorrow.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

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About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

Silver is Potentially Bullish

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