Silver price needs the positive momentum - Analysis - 08-06-2022

Economies.com
2022-06-08 04:09AM UTC

Silver price traded positively yesterday to move away from 21.85 level, finding difficulty to continue the rise, affected by stochastic negativity, and it might be forced for some sideways fluctuation to gather positive momentum that assist to push the price to resuem the bullish wave that targets 22.67 as a next main station.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 21.85 and holding below it.

 

The expected trading range for today is between 21.85 support and 22.60 resistance.

 

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The expected trend for today: Bullish

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