Silver price hits the first target - Analysis - 18-01-2023
Economies.com
2023-01-18 05:41AM UTC
Silver price managed to achieve our first negative target at 23.85 and attempts to break it, to support the chances of achieving more decline that we expect to reach 23.45 as a next target.
Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 24.15 will stop the expected decline and lead the price to resume the main bullish trend again.
The expected trading range for today is between 23.40 support and 24.30 resistance.
The expected trend for today: Bearish temporarily
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