Silver price approached our main waited target at 20.50 and bounced bullishly from there, to surpass key intraday resistance and hint achieving more expected gains on the intraday basis, targeting testing 21.85 level mainly.
Therefore, the bullish bias will be suggested for today, taking into consideration that breaching the targeted level will extend the bullish wave to reach 22.67 areas, while breaking 21.20 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 21.10 support and 21.85 resistance.
The expected trend for today: Bullish