Silver price resumes the rise - Analysis - 06-06-2022

2022-06-06 04:25:31 GMT (Economies.com)
 

Silver price traded with clear negativity in the previous sessions to test 21.85 level, as it kept its stability above it, noticing that the price begins today with strong rise to move away from the mentioned level, reinforcing the expectations of continuing the bullish trend, motivated by stochastic positivity, waiting to test 22.67 as a next main target.

 

We remind you that breaching the targeted level will push the price to 23.45 as a next positive target, while the continuation of the bullish wave depends on the price stability above 21.85.

 

The expected trading range for today is between 22.00 support and 22.80 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0497
-0.0093
0.8786%
1.2180
-0.0126
1.0207%
22.450
-0.707
3.053%
76.091
-5.384
6.608%
82.07
-0.34
0.41%
1773.740
-21.820
1.215%
 
 
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