FX.co ★ Analysis of Silver for November 18,.2022 - Potential for the upside continuation

Technical analysis:

Silver has been trading upside this morning and there is chance for the bigger growth due to the strong upside trend in the background.

Trading recommendation:

Due to the strong upside pressure in the background and surfing the rising trend-line, I see potential for the further growth.

Watch for the potential buying opportunities on the intraday dips with the upside objectives at the price of 21.33 and 21.94.

MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.

Key support is set at the price 21