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Technical Analysis: Silver Prices Hit First Target

by Joy

On June 14, Economies analysts’ latest views today: silver prices have successfully reached and stabilized at our first target of 23.70. It is worth noting that the latest daily closing price was below this level, supporting the future Within the expected downtrend, our next target is 23.00.

A break below EMA50 supports the suggested decline, noting that a break above 23.85 could push the price to try to recover and test the 24.60 area before another attempt to fall.

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The expected trading range today is between 23.40 support and 24.00 resistance.

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