Midday update for Silver 16-03-2023

Economies.com
2023-03-16 10:12AM UTC

Silver price shows some bullish bias to crawl towards 22.13 level, waiting to breach this level to open the way to rally towards 23.05 as a next main station.

 

Stochastic shows positive signals that support the continuation of the expected bullish trend, besides the EMA50 that carries the price from below, to keep our positive overview for today unless breaking 21.40 and holding below it.

 

The expected trading range for today is between 21.40 support and 22.30 resistance.

The expected trend for today: Bullish

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