Silver price achieves the new positive targets - Forecast today - 12-04-2024
Economies.com
2024-04-12 03:32AM UTC
Silver Price Analysis
Expected Scenario
- Silver price resumes the bullish rally to achieve the first waited target at 28.75$, showing further rise to surpass this level and confirm opening the way for more expected gains in the upcoming sessions.
- The next target is located at 29.40$.
- The bullish channel continues to organize the suggested bullish wave, supported by the EMA50.
- Continuation of the bullish trend requires holding above 28.25$.
The expected trading range for today is between 28.55$ support and 29.30$ resistance.
Trend Forecast
Bullish
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