Silver price returned to test 23.05 level and bounced bullishly from there, to keep the bullish trend scenario active for today, supported by the EMA50 that continues to carry the price from below, waiting to achieve our targets that start at 24.00 and start at 24.50.
We remind you that breaking 23.05 followed by 22.85 levels will stop the bullish trend and put the price under the negative pressure on the intraday basis.
The expected trading range for today is between 23.00 support and 23.70 resistance.
The expected trend for today: Bullish