Silver Prices Hit Initial Extended Target Amidst Positive Trading

by Jennifer

Silver prices exhibited notable positivity in recent trading, successfully reaching our initially anticipated target at 25.00. The influence of stochastic negativity has resulted in current sideways fluctuations. However, the market is poised for a resurgence of the bullish wave, eyeing the next target situated at 25.50.

The recommendation continues to favor a bullish outlook for the foreseeable future. It is emphasized that maintaining a position above 26.40 is crucial to realizing the anticipated targets.

Advertisements

The expected trading range for the day is foreseen to oscillate between the support level at 24.70 and the resistance level at 25.50.

Advertisements

Anticipated Trend for Today: Bullish

You May Also Like

blank

Bnher is a comprehensive futures portal. The main columns include futures market, futures exchanges, futures varieties, futures basic knowledge and other columns.

[Contact us: [email protected]]

© 2023 Copyright  bedgut.com – Futures Market, Investment, Trading & News