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Technical Analysis: Silver Price Breaks Resistance Level on July 11

by 玛丽

July 11th, Economies analysts have the latest opinion today: the price of silver rose significantly yesterday, broke through and remained above 23.00, supporting the expected rise, and the next upward target is 23.70.

Therefore, we expect to see more of a bullish bias today. The price crosses above EMA50, forming a bullish channel on the candlestick chart, it is worth noting that a break above 23.00 will stop the rise and push the price down again.

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Today’s expected trading range is between 22.90 support and 23.70 resistance.

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