Silver price tests the key resistance - Analysis - 23-11-2022
Economies.com
2022-11-23 04:36AM UTC
Silver price continued to rise to test 21.30 resistance line, and bounced downwards clearly from there, to support the continuation of the bearish trend domination, waiting to test 20.72 level initially, which breaking it represents the key to rally towards 20.25 as a next correctional target.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 21.30 and hold above it.
The expected trading range for today is between 20.50 support and 21.30 resistance.
The expected trend for today: Bearish
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