Silver price is recovering - Analysis - 20-01-2023

Economies.com
1 week ago

Silver price surpassed 23.85 level and settled above it, to stop yesterday’s suggested decline and heads towards achieving expected decline in the upcoming sessions, targeting visiting 24.55 initially.

 

Therefore, we expect to witness more bullish bias on the intraday basis, noting that breaking 23.80 will stop the positive scenario and press on the price to decline again.

 

The expected trading range for today is between 23.50 support and 24.50 resistance.

 

The expected trend for today: Bullish

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