SILVER 4H : Support further rise up

SILVER

New forecast

The price of silver rose yesterday, breaching the levels of 23.00, then 23.73, and settling above the last level, stopping the negative scenario that dominated recent trading and heading towards achieving additional expected gains in the immediate and short term, noting that the next target reaches 24.35 and extends to 24.60.

Therefore, we expect to witness further rise in the coming sessions, while paying attention to the importance of stability above 23.73 to continue the upward trend and ensure that we are not exposed to negative pressure again.

The expected trading range for today is between support 23.73 and resistance 24.60.

Additionally ,Today News will affect on the market .

resistance line : 24.35 , 24.60
support line : 23.73 , 23.00

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