Silver price surpasses the resistance - Analysis - 18-09-2023
4 days ago

Silver price breached 23.00 level clearly and closed the daily candlestick above it, to stop the recently suggested negative scenario and head towards recovering on the intraday basis, on its way to achieve positive targets that start by visiting 23.70 areas.


Stochastic begins to get rid of the negative momentum to support the chances of continuing the expected rise for the upcoming period, noting that breaking 23.00 will stop the expected bullish trend and push the price to decline again.



The expected trading range for today is between 22.90 support and 23.70 resistance.


The expected trend for today: Bullish

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