SILVER 4H : After correction trying to rise up
Updated
SILVER
New forecast
The price perfectly fulfills my last idea .
The price of silver fluctuates with slight negativity to approach the pivotal support 22.23, and it rebounds from it and will settle above the resistance 22.50, waiting to stimulate the price to resume the expected upward trend for the coming period, whose next target is at 22.88 and 23.35.
Therefore, the positive scenario will remain in place, supported by the moving average 50, keeping in mind that breaking 22.23 will nullify the positive combination that supports the proposed upward trend and put pressure on the price to decline again.
The expect range trading for today it will be between resistance line 22.88 and support line 22.23 until stabilized
Additionally ,Today News will affect the market .
support line : 22.50 , 22.23
resistance line : 22.88 , 23.35
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 perfectly fulfills my last idea .
The price of silver fluctuates with slight negativity to approach the pivotal support 22.23, and it rebounds from it and will settle above the resistance 22.50, waiting to stimulate the price to resume the expected upward trend for the coming period, whose next target is at 22.88 and 23.35.
Therefore, the positive scenario will remain in place, supported by the moving average 50, keeping in mind that breaking 22.23 will nullify the positive combination that supports the proposed upward trend and put pressure on the price to decline again.
The expect range trading for today it will be between resistance line 22.88 and support line 22.23 until stabilized
Additionally ,Today News will affect the market .
support line : 22.50 , 22.23
resistance line : 22.88 , 23.35
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached
SILVER UPDATE
The price perfectly fulfills my last idea and price reached to our first target and still running
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.