Midday update for Silver 03-03-2023
Economies.com
2023-03-03 10:33AM UTC
Silver price shows clam trades since morning, approaching the EMA50 that forms minor resistance against the price, waiting to surpass this barrier to visit 21.40 that represents our first positive target, which breaching it represents the key to rally towards 22.13 as a next target.
Therefore, the positive scenario will remain valid for today unless breaking 20.64 and holding below it.
The expected trading range for today is between 20.70 support and 21.40 resistance.
The expected trend for today: Bullish
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