SILVER 4H : 22.79 Is important for today

SILVER

New forecast

The silver price tested the 22.79 level and maintains its stability above it, noting that the technical indicators continue to get rid of the negative momentum, waiting to stimulate the price to resume the upward wave that aims to test the 23.35 level initially, remembering that breaching this level will extend the upward wave to reach 23.49.

Moving average 50 continues to support the suggested bullish wave, which will remain in place provided it remains above the 22.79 level.

The expect range trading for today it will be between resistance line 23.35 and support line 22.79 until stabilized .

Additionally ,Today News will affect the market .

support line : 22.79 , 22.50
resistance line : 23.35 , 23.50

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