Silver price achieves good gains - Analysis - 11-11-2021

Economies.com
2021-11-11 05:30AM UTC

Silver price touched our waited target at 25.05, and bounced downwards clearly affected by the strength of this resistance, while it begins today with bullish bias that hints the attempt to resume the positive trades to attack the mentioned resistance followed by opening the way to extend the bullish wave towards 25.95 that represents our next positive target, supported by the bullish pattern that its signs appear on the chart.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 24.20 and holding below it.

 

The expected trading range for today is between 24.20 support and 25.30 resistance.

 

The expected trend for today: Bullish

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