Midday update for Silver 02-08-2022

Economies.com
1 year ago

Silver price shows sideways trades since morning, and stochastic continues to gather the positive momentum, waiting to resume the bullish wave that its next target located at 21.00, noting that the EMA50 continues to support the expected rise, while the positive scenario will remain valid unless breaking 19.60 and holding below it.

 

The expected trading range for today is between 19.90 support and 20.70 resistance.

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The expected trend for today: Bullish

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