Midday update for Silver 22-10-2021
Economies.com
2021-10-22 08:57AM UTC
Silver price trades with clear positivity to breach 24.20 level and attempts to hold above it, affected by stochastic positivity that appears clearly on the four hours’ time frame, which leads the price to regain the bullish trend and head to achieve additional gains for the rest of the day, on its way to visit 25.05 mainly.
Therefore, we expect to witness more rise in the upcoming sessions unless breaking 24.20 and holding below it again.
The expected trading range for today is between 24.00 support and 24.70 resistance.
The expected trend for today: Bullish for the rest of the day
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