Spot silver may remain sideways for the day. The commodity is trying to form a symmetrical triangle pattern. According to the analysis, the bullish trend is intact. Breaking the triangle may witness further rally towards 24 levels. The support range is observed at 22-20 range.
Support for the commodity is now seen at 22.65, 22.65 levels and resistance channel is seen between 23.00- 23.50. Traders are advised to buy (long) for silver.