Silver price hits the first target - Analysis - 22-02-2022

Economies.com
2022-02-22 05:38AM UTC

Silver price managed to touch our first target at 24.20 and settles there, and continues to move inside the bullish channel that supports the chances of surpassing this level and open the way to continue the rise on the intraday and short term basis, as the next target reaches 24.85.

 

Therefore, we are waiting for more bullish bias in the upcoming sessions conditioned by the price stability above 23.90.

 

The expected trading range for today is between 23.90 support and 24.50 resistance.

 

The expected trend for today: Bullish

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