Silver price gains the positive momentum - Analysis - 20-12-2021
Economies.com
2021-12-20 05:15AM UTC
Silver price fluctuates at the EMA50 that forms intraday support line at 22.30, and the price needs to consolidate above this level to keep the positive scenario active for the upcoming period, supported by stochastic positivity, waiting to head towards 23.15 mainly.
Therefore, the bullish trend will remain expected in the upcoming sessions, noting that breaking 22.30 followed by 21.95 levels will stop the suggested rise and press on the price to decline again.
The expected trading range for today is between 22.00 support and 22.80 resistance.
The expected trend for today: Bullish
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