Silver price achieves strong gains - Analysis - 29-07-2022

2022-07-29 04:03:17 GMT (Economies.com)
 

Silver price rallied upwards to succeed achieving our extended target at 20.00, and attempts to breach this level now to hint heading to achieve more gains in the upcoming sessions, as the next target reaches 20.50.

 

Therefore, we expect the continuation of the bullish bias on the intraday basis, noting that breaking 19.60 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 19.70 support and 20.60 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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