Midday update for Silver 09-08-2022

Economies.com
2022-08-09 09:09AM UTC

Silver price settles above 20.50 level, to keep the bullish trend scenario active, supported by the EMA50, waiting to get positive momentum that assists to push the price to achieve our next target at 21.00, reminding you that the continuation of the bullish wave requires holding above 20.50 as a first condition.

 

The expected trading range for today is between 20.40 support and 21.20 resistance.

 

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The expected trend for today: Bullish

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