Midday update for Silver 03-08-2022

Economies.com
9 months ago

Silver price fluctuates around 20.00 level and still below it, waiting to activate the positive effect of stochastic to rally towards our positive targets that start at 20.50 and extend to 21.00 after surpassing the previous level, taking into consideration that the continuation of the bullish wave depends on the price stability above 19.60.

 

The expected trading range for today is between 19.60 support and 20.50 resistance.

 

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The expected trend for today: Bullish

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