Silver price hits the first target - Analysis - 24-06-2022

2022-06-24 04:36:23 GMT (Economies.com)
 

Silver price declined strongly yesterday to achieve our first negative target at 20.95, waiting for more decline to visit 20.50 as a next main target.

 

The EMA50 continues to support the suggested bearish wave, taking into consideration that breaching 21.25 might push the price to recover and achieve intraday gains that reach 21.85 before any new negative attempt.

 

The expected trading range for today is between 20.50 support and 21.30 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0427
-0.0154
1.4550%
1.2096
-0.0176
1.4311%
19.698
-1.669
7.811%
108.022
0.605
0.563%
111.50
2.47
2.27%
1799.775
-29.770
1.627%
 
 
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