Silver price bounced upwards strongly after finding solid support at 23.05, to resume the main bullish track and head towards achieving positive targets that start at 24.55.
Therefore, we suggest the continuation of the bullish bias on the intraday and short term basis, noting that breaking 23.55 will put the price under new negative pressure to head towards 23.05 initially.
The expected trading range for today is between 23.40 support and 24.20 resistance.
The expected trend for today: Bullish