Silver price attempted to breach 23.15 level but it couldn’t manage to hold above it, to lean on the intraday bullish channel’s support line now, accompanied by witnessing positive signals through stochastic, waiting to resume the bullish wave that its next target located at 24.00.
Holding above 22.65 is important to continue the expected rise, which gets good support by the EMA50.
The expected trading range for today is between 22.70 support and 23.50 resistance.
The expected trend for today: Bullish