Silver price hits the target - Analysis - 13-01-2022

2022-01-13 05:02:51 GMT (Economies.com)
 

Silver price succeeded to achieve our waited target at 23.15 and settles above it now, paving the way to achieve more expected rise on the intraday and short term basis, waiting to test 23.40 level, which breaching it represents the key to rally towards 24.20 as a next positive target.

 

Therefore, we expect the continuation of the bullish trend domination in the upcoming sessions conditioned by the price stability above 22.85.

 

The expected trading range for today is between 22.85 support and 23.70 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1342
-0.0062
0.5424%
1.3613
-0.0045
0.3280%
Tadawul
12260.13
73.83
0.61%
24.149
1.137
4.941%
86.178
2.309
2.753%
88.00
0.38
0.43%
1840.665
20.205
1.110%
 
 
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