Midday update for Silver 17-08-2022

Economies.com
2022-08-17 09:58AM UTC

Silver price faces clear negative pressure now to attack 20.00 level, which urges caution from the upcoming trading, as confirming breaking this level will stop the recently suggested positive scenario and press on the price to turn to decline, to head towards achieving negative targets that start at 19.55 and extend to 19.00.

 

The expected trading range for today is between 19.70 support and 20.60 resistance.

 

The expected trend for today: Bullish

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