Silver price breaches the resistance - Analysis - 24-11-2022

Economies.com
2022-11-24 04:02AM UTC

Silver price traded with strong positivity yesterday to breach 21.30 and settles above it, starting today with additional rise to confirm the continuation of the bullish trend domination in the upcoming sessions, waiting to visit 22.00 followed by 22.24 levels as next positive stations.

 

Therefore, we are waiting for more expected rise in the upcoming sessions supported by the EMA50, noting that the continuation of the bullish wave requires holding above 21.30.

 

The expected trading range for today is between 21.30 support and 22.00 resistance.

 

The expected trend for today: Bullish

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