Silver price builds support base - Analysis - 09-11-2021

Economies.com
2021-11-09 05:28AM UTC

Silver price managed to confirm breaching 24.20 level after closing the daily candlestick above it, to support the continuation of the bullish trend scenario efficiently in the upcoming sessions, which targets 25.05 level as a next main station.

 

Holding above 24.20 is important to continue the expected rise, reminding you that the price forms positive pattern that supports the chacnes of achieving strong gains that extend to 27.00 on the near term basis.

 

The expected trading range for today is between 24.10 support and 24.80 resistance.

 

The expected trend for today: Bullish

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