Midday update for Silver 12-02-2024

Economies.com
2024-02-12 10:27AM UTC

Silver price shows clear positive trades to reach the waited target at 23.00, and the way seems open to surpass this level and achieve additional gains that reach 23.70.

 

Therefore, the bullish trend scenario will remain valid and active for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that it is important to hold above 22.25 to continue the expected rise.

 

The expected trading range for today is between 22.40 support and 23.10 resistance.

 

The expected trend for today: Bullish

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