Midday update for Silver 16-11-2023
Economies.com
2023-11-16 10:33AM UTC
Silver price resumes its positive trading to reach 23.70 level, and we suggest surpassing this level to continue the rise and achieve additional positive targets that reach 24.60.
Therefore, the bullish trend will remain suggested for the upcoming period, taking into consideration that failing to breach 23.70 might push the price to decline towards 23.00 areas before any new attempt to rise.
The expected trading range for today is between 22.90 support and 23.80 resistance.
The expected trend for today: Bullish
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