Silver price surpasses the resistance - Analysis - 01-08-2022

2022-08-01 04:17:38 GMT (Economies.com)
 

Silver price managed to breach 20.00 and hold above it, to support the continuation of the bullish trend scenario, waiting to test 20.50 as a next target, which breaching it represents the key to rally towards 21.00 direct.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 20.00 and the most important above 19.60.

 

The expected trading range for today is between 19.80 support and 20.60 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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