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Arazmajeed
Jan 30, 2024 10:53 AM

SILVER 4H : Support further rise up Long

SilverOANDA

Description

SILVER

New forecast

The price perfectly fulfills my last idea and price reached to our targets.

The price of silver ended yesterday's trading with a noticeable positive note, confirming the breach of the 23.00 level, reinforcing expectations of the continuation of the upward trend during the coming sessions, and the way is open to achieving the next target at 23.50 and 23.73 levels .


Therefore the upward scenario will be remain valid and effective during coming period , moving average 50 continues to support the proposed bullish wave, and the price may witness some sideways fluctuation, keeping in mind that breaking the 23.00 and then 22.60 levels will stop the expected rise and put pressure on the price to turn lower.

The expected trading range for today it will be between support 22.60 and resistance 23.73 .

Additionally ,Today News will affect on the market .

resistance line : 23.50 , 23.73
support line : 22.60 , 22.21

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 ❤️
Comments
HippoTrading
good job. I agree with your analysis
Arazmajeed
@HippoTrading thanks buddy
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