Midday update for Silver 17-03-2023
Economies.com
2 weeks ago
Silver price shows some slight bearish bias, waiting to get more positive momentum to reinforce the chances of continuing the bullish trend and achieve our targets that start at 22.13 and extend to 23.05 after surpassing the previous level.
In general, the bullish trend will remain valid unless breaking 21.40 and holding below it, noting that the EMA50 continues to support the expected bullish wave.
The expected trading range for today is between 21.50 support and 22.40 resistance.
The expected trend for today: Bullish
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