Silver

Silver is inside the bullish corrective wave (Achieved 2 target )

as we mentioned before

Silver price managed to rise and breach the 23.30 level

And it achieved our goals at the levels of 23.60 - 23.90, stable at the level of 23.70 now, and based on the following:

The closing of the daily candle for yesterday’s trading is above 23.30.

Stochastic is gaining positive momentum.

The moving average 50 provides positive signals.

The regularity of the price within the ascending channel shown in the chart ..

From the above: we suggest the start of the bullish corrective wave, and a retest of

the levels of 23.90 - 24.20 - 24.50 - 25.00,Provided that it remains above the 23.30 level

Alternative scenario: breaching the 23.30 level and stabilizing below it, which will put the price under negative

pressure to retest the 22.90 - 22.50 level.

Support levels 23.30 - 23.00

Resistance Levels 24.75

Today's trend: bullish

Silver starts the bullish corrective wave

Silver price managed to rise and it managed

to breach the 22.60 level and retest the 23.30 level, settling at the 23.10 level now, and based on the following:

• The closing of the daily candle for yesterday’s trading is above 22.60.

• Stochastic is gaining positive momentum.

• The moving average 50 provides positive signals.

• The regularity of the price within the ascending channel shown in the graph.

From the above: We expect the start of the bullish corrective wave, and a retest of 23.30 - 23.60 - 23.90 levels,

provided it remains above 22.60.

Alternative scenario: breaching 22.60 and stabilizing below it, will put the price under negative pressure to retest 22.20.

Support levels 22.80 - 22.60

Resistance levels 23.90

Today's trend: bullish

Silver starts the bullish corrective wave

Silver price managed to rise and it managed

to breach the 22.60 level and retest the 23.30 level, settling at the 23.10 level now, and based on the following:

• The closing of the daily candle for yesterday’s trading is above 22.60.

• Stochastic is gaining positive momentum.

• The moving average 50 provides positive signals.

• The regularity of the price within the ascending channel shown in the graph.

From the above: We expect the start of the bullish corrective wave, and a retest of 23.30 - 23.60 - 23.90 levels,

provided it remains above 22.60.

Alternative scenario: breaching 22.60 and stabilizing below it, will put the price under negative pressure to retest 22.20.

Support levels 22.80 - 22.60

Resistance levels 23.90

Today's trend: bullish

Silver starts the bullish corrective wave

Silver price managed to rise yesterday after the release of the US Federal Meeting minutes, and it managed

to breach the 22.60 level and retest the 23.30 level, settling at the 22.90 level now, and based on the following:

• The closing of the daily candle for yesterday’s trading is above 22.60.

• Stochastic is gaining positive momentum.

• The moving average 50 provides positive signals.

• The regularity of the price within the ascending channel shown in the graph.

From the above: We expect the start of the bullish corrective wave, and a retest of 23.30 - 23.60 - 23.90 levels,

provided it remains above 22.60.

Alternative scenario: breaching 22.60 and stabilizing below it, will put the price under negative pressure to retest 22.20.

Support levels 22.80 - 22.60

Resistance levels 23.60 - 23.90

Today's trend: bullish

Silver starts the bullish corrective wave

Silver price managed to rise yesterday after the release of the US Federal Meeting minutes, and it managed

to breach the 22.60 level and retest the 23.30 level, settling at the 22.90 level now, and based on the following:

• The closing of the daily candle for yesterday’s trading is above 22.60.

• Stochastic is gaining positive momentum.

• The moving average 50 provides positive signals.

• The regularity of the price within the ascending channel shown in the graph.

From the above: We expect the start of the bullish corrective wave, and a retest of 23.30 - 23.60 - 23.90 levels,

provided it remains above 22.60.

Alternative scenario: breaching 22.60 and stabilizing below it, will put the price under negative pressure to retest 22.20.

Support levels 22.80 - 22.60

Resistance levels 23.60 - 23.90

Today's trend: bullish

silver stuck

Silver price is still hovering around the 22.70 level since the beginning of last week, and it failed

to breach the 23.10 level in trading on Friday, but we notice a conflict between the technical indicators,

which leads us to stand on neutrality in today’s trading, as

- Breaking the 22.90 level and holding above it, will put the price under positive pressure to retest the 23.30-23.65 level.

- Breaking the 22.40 level and stabilizing below it, will put the price under negative pressure to retest the 22.00 level, then 21.60.

Therefore: we recommend trading neutrality until one of the levels is breached.