SILVER 4H : Support further rise up
SILVER
New forecast
The price perfectly fulfills my last idea and price reached to our second targets .
The price of silver exceeded our expected target at 25.50 and approached the third target at 26.00 and rebounded from it, returning to awareness around the first level, waiting for a positive momentum to continue to push the price directly and irreversibly and reading gains during the coming stages to stabilize above it the extended resistance at 25.50 to open the door. The front and reach our other objectives at 26.00 level.
Therefore the upward scenario will be remain valid and effective during coming period ,While the moving average 50 advances with good support for the advanced wave, taking into account that failure to stabilized above 25.50 will push the price to bounce there and head towards the 24.60 areas mainly.
The expected trading range for today is between support 24.92 and resistance 26.00.
resistance line : 25.50 , 26.00
support line : 25.00 , 24.60
Attention : We don't have any group in telegram be careful about scammer
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 and price reached to our second targets .
The price of silver exceeded our expected target at 25.50 and approached the third target at 26.00 and rebounded from it, returning to awareness around the first level, waiting for a positive momentum to continue to push the price directly and irreversibly and reading gains during the coming stages to stabilize above it the extended resistance at 25.50 to open the door. The front and reach our other objectives at 26.00 level.
Therefore the upward scenario will be remain valid and effective during coming period ,While the moving average 50 advances with good support for the advanced wave, taking into account that failure to stabilized above 25.50 will push the price to bounce there and head towards the 24.60 areas mainly.
The expected trading range for today is between support 24.92 and resistance 26.00.
resistance line : 25.50 , 26.00
support line : 25.00 , 24.60
Attention : We don't have any group in telegram be careful about scammer
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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