Silver price achieves good gains - Analysis - 25-10-2021
Silver price provided clear positive trades in the previous sessions and approached 25.00 barrier, reinforcing the expectations of continuing the bullish trend on the intraday basis, supported by the EMA50, waiting to visit 25.05 level that represents our next main target.
Holding above 24.20 is important to continue the expected rise, as breaking it will press on the price to turn to decline and head towards testing 23.15 areas initially.
The expected trading range for today is between 24.20 support and 24.85 resistance.
The expected trend for today: Bullish