Technical analysis: Silver opens positively

On June 13, analysts at Economies have the latest opinion today: Silver prices fell yesterday and were close to 23.70, but then rebounded above 24.00 on the bullish signal provided by the stochastic indicator, waiting for negative momentum to push the price back down, its target Starting with a break above said level, opening the way for a rally towards 23.00.

On the other hand, we should note that a break above 24.20 would lead to further price gains and towards a test of key resistance at 24.60 before attempting a lower move.

Today’s expected trading range is between 23.70 support and 24.40 resistance.