Silver price touches the first target - Analysis - 27-09-2022
Economies.com
2022-09-27 04:12AM UTC
Silver price managed to touch our first waited target at 18.35 and finds solid support there, waiting to get negative motive that assists to push the price to surpass this level and head towards our next target that reaches 17.80, as it is affected by the double top pattern that its signs appear on the chart.
Holding below 18.80 is important to continue the expected decline, as breaching it will push the price to start recovery attempts and achieve gains that start at 19.20 and might extend to 19.60.
The expected trading range for today is between 17.90 support and 18.70 resistance.
The expected trend for today: Bearish
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