Midday update for Silver 23-11-2022
Economies.com
2022-11-23 10:41AM UTC
Silver price tested 21.30 again and keeps its stability below until now, to keep the bearish trend scenario valid and active for the upcoming period, waiting to break the minor bullish channel’s support line that appears on the chart to reinforce the chances of achieving our negative targets that start at 20.72 and extend to 20.25 after breaking the previous level, noting that breaching 21.30 will stop the negative scenario and lead the price to regain the bullish trend again.
The expected trading range for today is between 20.50 support and 21.30 resistance.
The expected trend for today: Bearish
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