Midday update for Silver 28-11-2022
Economies.com
2022-11-28 10:04AM UTC
Silver price rallies upwards strongly to breach 21.30 level and attempts to hold above it, which makes us prefer to stay aside until the price confirms its situation according to this level followed by detecting its next destination clearly, as holding above it will push the price to resume the bullish track and head towards 22.24 areas mainly, while trading below it again will reactivate the correctional bearish scenario that its next target located at 20.72.
The expected trading range for today is between 20.70 support and 21.70 resistance.
The expected trend for today: Neutral
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