Silver price needs strong positive motive - Analysis - 27-07-2022

2022-07-27 03:49:27 GMT (Economies.com)
 

Silver price hovers around 18.60 level, and faces strong intraday resistance formed by the EMA50 now around 18.70, waiting to get positive motive that assist to push the price to surpass this level and open the way to head towards 19.00 followed by 19.60 levels as next main targets.

 

Therefore, we will continue to suggest the bullish trend unless breaking 18.30 and holding below it.

 

The expected trading range for today is between 18.30 support and 19.00 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0506
-0.0084
0.7896%
1.2191
-0.0114
0.9258%
22.471
-0.686
2.965%
76.615
-4.860
5.965%
82.17
-0.52
0.63%
1776.495
-19.065
1.062%
 
 
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