Silver price approaches the target - Analysis - 03-06-2022

2022-06-03 04:12:45 GMT (Economies.com)
 

Silver price shows clear positive trades to approach our main waited target at 22.67, and the positive effect of the inverted head and shoulders pattern continues, to support the chances of surpassing this level and achieve more gains on the longer term basis.

 

Therefore, the bullish bias will remain valid supported by the EMA50 unless breaking 21.85 followed by 21.50 levels and holding below them.

 

The expected trading range for today is between 22.10 support and 22.80 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0173
-0.0046
0.4502%
1.2102
-0.0003
0.0235%
20.101
-0.150
0.741%
86.815
-0.446
0.511%
92.34
-2.76
2.90%
1774.310
-7.375
0.414%
 
 
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