Silver price surpasses the resistance - Analysis - 21-01-2022

Economies.com
2022-01-21 05:19AM UTC

Silver price succeeded to breach 24.20 to build support base above it, which supports the continuation of the bullish trend scenario efficiently for the upcoming period, paving the way to head towards 25.05 as a next positive target.

 

The EMA50 continues to support the suggested bullish wave, noting that holding above 24.20 is important to continue the suggested positive scenario.

 

The expected trading range for today is between 24.10 support and 24.90 resistance.

 

The expected trend for today: Bullish

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