Silver price gathers the positive momentum - Analysis - 30-05-2022

2022-05-30 03:52:37 GMT (Economies.com)
 

Silver price shows positive trades now, to move away from 21.83 level, getting positive support by stochastic, while the EMA50 continues to carry the price from below.

 

Therefore, we are waiting for more bullish bias in the upcoming sessions, and the next target is located at 22.67, noting that holding above 21.83 and 21.60 levels is important to achieve the waited targets.

 

The expected trading range for today is between 21.80 support and 22.67 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0169
-0.0050
0.4883%
1.2104
-0.0001
0.0079%
20.080
-0.170
0.842%
86.595
-0.666
0.763%
92.34
-2.76
2.90%
1774.525
-7.160
0.402%
 
 
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