Silver price breaches the resistance - Analysis - 12-01-2022

2022-01-12 05:21:59 GMT (Economies.com)
 

Silver price surpassed 22.60 level and settled above it, to move inside bullish channel that we expect to push the price to reach 23.15 as a next main target.

 

Therefore, the bullish bias will be suggested in the upcoming sessions, noting that breaking 226.0 and holding below it again will reactivate the negative scenario that its targets begin by testing 22.00 areas.

 

The expected trading range for today is between 22.50 support and 23.15 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1342
-0.0062
0.5419%
1.3614
-0.0044
0.3211%
Tadawul
12260.13
73.83
0.61%
24.138
1.126
4.891%
86.168
2.299
2.741%
87.79
0.29
0.33%
1840.250
19.790
1.087%
 
 
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