Silver price declines strongly to surpass 20.00 level and confirms extending the bearish wave on the intraday and short term basis, opening the way to head towards our extended target that reaches 19.55, reminding you that the continuation of the expected decline depends on the price stability below 20.50.

The expected trading range for today is between 19.70 support and 20.50 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0518	-0.0072	0.6777%
The EURUSD attempts to breach – Analysis - 08-12-2022
	GBP/USD	1.2205	-0.0101	0.8177%

	Silver	22.726	-0.430	1.859%

	Oil	73.115	-8.360	10.261%
Crude oil price suffers more losses – Analysis - 08-12-2022
	Brent Oil	77.62	0.59	0.77%

	Gold	1786.380	-9.180	0.511%
Gold price resumes the bullish bias – Analysis - 08-12-2022

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