Midday update for Silver 05-05-2022
Economies.com
2022-05-05 09:48AM UTC
Silver price faces negative pressure to break 23.10 level and settles below it, which urges caution from the upcoming trades, as holding with a daily close below this level will stop the correctional bullish scenario and push the price to return to the main bearish track again, while the price needs to surpass 23.10 again to head towards the next correctional level at 23.70.
The expected trading range for today is between 22.80 support and 23.75 resistance.
The expected trend for today: Bullish
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