Silver price awaits the breach - Analysis - 31-01-2023
2023-01-31 04:48AM UTC

Silver price faces strong resistance at 23.70, and the EMA50 meets this level to add more strength to it, waiting to get positive motive that assists to push the price to breach this level and open the way to head towards our expected target at 24.55.


Until now, the bullish trend scenario still valid unless breaking 23.55 and holding below it, reminding you that breaking this level will push the price to decline towards 23.05 direct.


The expected trading range for today is between 23.30 support and 24.00 resistance.


The expected trend for today: Bullish

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