Silver price faces clear losses - Forecast today - 22-03-2024
Economies.com
2024-03-22 02:48AM UTC
Silver price found solid support at 24.60$, accompanied by stochastic reach to the oversold areas, which forms positive motive that we expect to push the price to recover and build new bullish wave on the intraday basis, to head towards achieving gains that start at 25.50$ and extend to 26.07$.
Therefore, we suggest witnessing positive trades in the upcoming sessions, noting that breaking 24.60$ will push the price to suffer additional losses that reach 24.00$ followed by 23.70$.
The expected trading range for today is between 24.55$ support and 25.30$ resistance.
Trend forecast: Bullish
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