Silver price resumes the rise - Analysis - 15-08-2022

Economies.com
2022-08-15 04:10AM UTC

Silver price resumes its positive trading to move away from 20.00 level, reinforcing the expectations of continuing the bullish trend, supported by the EMA50 that carries the price from below, waiting for more rise to test 21.20 as a next target.

 

Stochastic current negativity might force the price to provide some temporary negative trades before resuming the expected rise, which will remain valid as long as 20.00 level remains intact.

 

The expected trading range for today is between 20.30 support and 21.00 resistance.

 

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The expected trend for today: Bullish

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