SILVER 17 May 2022
The daily expected volatility is around 1.75%
With an 80% accuracy based on the historical data, we can assume that the price of SILVER/XAGUSD today is going to be between
TOP 21.95
BOT 21.2
All of this taken into account with the opening price of today which was 21.57
From VOLUME POC point of view its above 21.6 which imply a bullish momentum at this very moment.
From Fundamental/News point of view that can affect SILVER price:
In 10h from now, FED Chair Poweel speaks