Silver price rallied upwards strongly to breach 23.15 level and settles around the key resistance 23.40, to form double bottom pattern that appears on the chart, which leads the price to achieve additional expected gains in the upcoming sessions, on its way to visit 24.20 areas initially.
Therefore, we expect to witness more rise on the intraday basis, noting that breaking 23.15 will stop the positive scenario and press on the price to decline again.
The expected trading range for today is between 23.15 support and 23.90 resistance.
The expected trend for today: Bullish