Silver price tests the resistance - Analysis - 21-11-2023
Economies.com
2023-11-21 04:10AM UTC
Silver price traded with clear positivity to test the key resistance 23.70, affected by stochastic positivity, keeping its consolidation below it until now, waiting to resume the expected bearish wave on the intraday basis, which targets 23.00 as a next main station.
Note that breaching 23.70 will stop the expected decline and lead the price to achieve new gains that start at 24.00 and extend to 24.60.
The expected trading range for today is between 23.20 support and 24.00 resistance.
The expected trend for today: Bearish
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