Silver price forecast update 12-04-2024
Economies.com
2024-04-12 10:54AM UTC
Silver Price Analysis
Expected Scenario
- Silver price keeps rallying bullishly to approach our new waited target at 29.40$, moving within the bullish channel that supports the chances of achieving more gains on the longer-term basis, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 28.25$.
Expected Trading Range
Between 28.55$ support and 29.30$ resistance.
Trend Forecast: Bullish
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