Silver price succeeded to achieve our first waited target at 22.20 after the strong decline that it witnessed yesterday, and continues to move inside the bearish channel that supports the chances of heading towards the previously recorded low at 21.40 as a next main target.

Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 22.70 will push the price to test 23.15 areas again before any new attempt to decline.

The expected trading range for today is between 21.80 support and 22.70 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1283	-0.0014	0.1244%
Midday update for the EURUSD 25-01-2022
	GBP/USD	1.3488	0.0010	0.0753%

	Tadawul	12108.56	56.61	0.47%

	Silver	23.758	-0.058	0.246%

	Oil	84.680	1.139	1.363%
Midday update for Crude oil 25-01-2022
	Brent Oil	87.64	1.30	1.51%

	Gold	1847.120	7.655	0.416%
Midday update for Gold 25-01-2022

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