Silver price fluctuates in tight range since morning, to continue in monitoring the price behavior in the upcoming trading waiting for surpassing one of the critical levels between 22.00 and 23.00

More details around the expected targets of the breach are explained in our morning report.

Expected trading range for today is between: 21.00 support and 24.00 resistance.

Expected trend for today: Depends on the abovementioned levels

Gold price shows some slight bullish bias since morning, and remains stuck between the mentioned levels in our morning report between 1353.00 and 1398.00, accordingly, our neutral attitude remains valid until managing to confirm breaching one of these levels.

Expected trading range for today is between: 1350.00 support and 1403.00 resistance.

Expected trend for today: Neutral

The pair rallied lower according to the expectations, attempting to settle below 1.5100, and that supports our morning scenario which remains valid and active for today, conditioned by the stability below 1.5190 – 1.5260

Expected trading range for today is between: 1.5000 support and 1.5260 resistance.

Expected trend for today: Bearish

The pair continues its positive attempts to surpass the EMA50, as a signal for a potential test 1.2970

And as we mentioned this morning, our bearish trend expectations will remain valid and active unless breaching the mentioned level, which will lead to a potential test for levels between 1.3040 and 1.3145

Expected trading range for today is between: 1.2800 support and 1.3040 resistance.

Expected trend for today: Bearish