SILVER 4H : Uptrend above 23.12
SILVER
New forecast
The price of silver moved upward significantly in the las week , breaching the 23.12 level and stabilized above it, heading towards achieving expected gains during the coming sessions, on its way to mainly visiting the 23.35 and 23.49 level.
Therefore the uptrend scenario will be remain valid and affective supported by moving average 50 supports the chances of achieving the expected rise, taking into account that breaking 23.12 and stability below it again will forced the price to formed the negative correction and will support the price to reach 22.73.
The expect range trading for today it will be between resistance line 23.35 and support line 22.73 until stabilized .
resistance line : 23.35 ,23.49
support line : 23.12 , 22.73
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price of silver moved upward significantly in the las week , breaching the 23.12 level and stabilized above it, heading towards achieving expected gains during the coming sessions, on its way to mainly visiting the 23.35 and 23.49 level.
Therefore the uptrend scenario will be remain valid and affective supported by moving average 50 supports the chances of achieving the expected rise, taking into account that breaking 23.12 and stability below it again will forced the price to formed the negative correction and will support the price to reach 22.73.
The expect range trading for today it will be between resistance line 23.35 and support line 22.73 until stabilized .
resistance line : 23.35 ,23.49
support line : 23.12 , 22.73
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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