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Silver: Looks for Higher Pricing
Silver made a modest rally during Monday's trading session, showing signs of attempting to breach the stubborn $23.50 resistance level, which has been a notable barrier in recent times. If this resistance can be overcome, it may pave the way for a potential upward surge. The market has been working to rebound from the lower end of its long-term range, and current momentum appears to be favoring an upward trajectory. It's worth noting that the 50-day Exponential Moving Average (EMA) looms just above, which is likely to attract attention from market participants.In evaluating the silver market, the $22.50 level emerges ... (full story)
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- Posted: Sep 19, 2023 6:59am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 85
