Silver price surpasses the first target – Analysis - 02-12-2020

Economies.com
2020-12-02 04:55AM UTC

Silver price succeeded to achieve our waited target at 23.60 and breached it to close the daily candlestick above it, which opens the way to achieve more expected rise in the upcoming period, to head towards potential visit to 25.06 areas.

 

Therefore, the bullish trend will remain dominant on the intraday basis, noting that breaking 23.60 and holding below it will press on the price to resume the correctional bearish wave again.

 

The expected trading range for today is between 23.00 support and 24.40 resistance.

 

The expected trend for today: Bullish

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