Silver price is recovering - Analysis - 17-12-2021

Economies.com
2021-12-17 05:30AM UTC

Silver price surpassed the intraday bearish channel’s resistance to head towards achieving more expected rise on the intraday basis, as we suggest heading to test 23.15 before any new attempt to decline.

 

Therefore, the bullish bias will be suggested in the upcoming sessions, noting that breaking 22.05 will stop the expected rise and press on the price to resume the bearish trend again.

 

The expected trading range for today is between 22.00 support and 22.90 resistance.

 

The expected trend for today: Bullish

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