Midday update for Silver 20-05-2022

Economies.com
2022-05-20 09:22AM UTC

Silver price resumes its positive trading to move away from 21.83, reinforcing the expectations of continuing the bullish trend for the rest of the day, affected by the previously completed inverted head and shoulders’ pattern, reminding you that our main waited target is located at 22.67, while achieving it requires holding above 21.75 – 21.65 levels.

 

The expected trading range for today is between 21.55 support and 22.40 resistance.

 

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The expected trend for today: Bullish

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