Silver price resumes the rise - Analysis - 30-11-2023

Economies.com
2023-11-30 04:07AM UTC

Silver price resumed its positive trades to surpass 25.00$ barrier, reinforcing the expectations of continuing the bullish trend, reminding you that our next target is located at 25.50.

 

Stochastic attempts to get rid of its negative momentum to support the suggested positive scenario, which gets continuous support by the EMA50, noting that breaking 24.60 will stop the expected rise and push the price to turn to decline.

 

The expected trading range for today is between 24.70 support and 25.50 resistance.

 

The expected trend for today: Bullish

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