Midday update for Silver 02-06-2022
Economies.com
2022-06-02 09:36AM UTC
Silver price rallied upwards strongly to breach 21.85 level, to activate the bullish trend scenario on the intraday basis, on its way to visit 22.67 as a main positive target, supported by the moving above the EMA50, taking into consideration that the continuation of the expected bullish wave requires holding above 21.85 and the most important above 21.50.
The expected trading range for today is between 21.70 support and 22.30 resistance.
The expected trend for today: Bullish
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