Midday update for Silver 22-09-2023

Economies.com
2023-09-22 10:33AM UTC

Silver price managed to achieve our waited target at 23.70 and attempts to breach it, to support the chances of achieving additional rises that we expect to target 24.60 areas on the near-term basis.

 

Therefore, the bullish trend will remain suggested for today, noting that failing to breach 23.70 will press on the price to rebound bearishly and head to test 23.00 before any new attempt to rise.

 

The expected trading range for today is between 23.20 support and 24.00 resistance.

 

The expected trend for today: Bullish

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