Silver price surpasses the first target - Analysis - 28-07-2022

2022-07-28 04:01:38 GMT (Economies.com)
 

Silver price succeeded to achieve our positive target at 19.00 and breached it to confirm the continuation of the bullish trend domination, activating positive pattern that supports achieving more rise in the upcoming period, waiting to visit 19.60 as a next positive station.

 

Therefore, the bullish trend scenario will remain valid on the intraday basis, and breaching the last level will extend the bullish wave to reach 20.00, while holding above 19.00 represents key condition to achieve the waited targets.

 

The expected trading range for today is between 19.00 support and 19.70 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0501
-0.0089
0.8401%
1.2184
-0.0121
0.9869%
22.634
-0.523
2.259%
72.439
-9.036
11.091%
77.75
0.56
0.73%
1784.005
-11.555
0.643%
 
 
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