📊TECHNICAL ANALYSIS - 4-HOURS TIMEFRAME
Silver price faces negative pressure to attempt to break 24.60 level, affected by stochastic negativity, waiting to resume the bullish wave that its next target located at 25.00, reminding you that surpassing this level will push the price to 25.50 as a next station.
In general, the bullish trend scenario will remain active for today unless breaking 24.60 and holding below it.
📊QUICK FUNDAMENTAL LOOK
Silver prices rose 0.8% to $22.88 an ounce, with a session-low at $22.67, after rising 1.2% on Thursday, the first profit in five days away from a two-month trough at $22.22.
Caution: Trading contains elements of risk, please be careful when Making Orders, Market Recommendations are only for consideration.