Silver price hits the target - Analysis - 20-04-2022
Economies.com
2022-04-20 01:34AM UTC
Silver price succeeded to achieve our waited negative target at 25.05, and presses negatively on it now, which hints heaing to achieve more expected decline in the upcoming period, as breaking this level represents the key to rally towards 24.20 as a next negative target.
Therefore, the bearish bias will be suggested for today, taking into consideration that failing to confirm the break will lead the price to start recovery attempts that target testing 25.95 areas initially.
The expected trading range for today is between 24.60 support and 25.40 resistance.
The expected trend for today: Bearish
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