Silver price is bounced upwards clearly to reach our first waited target at 24.00, waiting to surpass this barrier to achieve additional gains that extend to 24.55 followed by 25.00.
Therefore, we will continue to suggest the bullish trend for the upcoming period, and moving above the EMA50 supports the expected rise, while breaking 23.55 represents negative factor that will press on the price to test 23.05 areas before any new positive attempt.
The expected trading range for today is between 23.55 support and 24.40 resistance.
The expected trend for today: Bullish