Midday update for Silver 17-06-2022
Economies.com
2022-06-17 09:20AM UTC
Silver price shows new positive trades to move above 21.85 level, which urges caution from the upcoming trading, as confirming breaching this level will stop the recently suggested negative scenario to turn to rise and start bullish wave that targets 22.67 areas on the near term basis, while holding below 21.85 is required to resume the bearish wave that its next main targets located at 21.00 followed by 20.50.
The expected trading range for today is between 21.20 support and 22.00 resistance.
The expected trend for today: Bearish
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