Silver confirms break out for next leg higher

Silver price rallied upwards strongly to succeed achieving our waited target at 24.75 and settles around it, and we suggest surpassing this level to achieve additional gains that reach 25.50, waiting to get positive momentum that assists to push the price to surpass the first level and confirm the continuation of the bullish bias.

Therefore, the bullish trend will remain suggested for the upcoming period, taking into consideration that failing to achieve the required breach will lead the price to rebound bearishly and visit 23.80 areas before any new attempt to rise.

The expected trading range for today is between 24.40 support and 25.20 resistance.

The expected trend for today: Bullish