Silver price forecast update 15-04-2024
Economies.com
2024-04-15 09:27AM UTC
Silver Price Analysis
Expected Scenario
- The price of silver maintains stability above the 28.00$ level.
- Stochastic indicators overlap positively, indicating a potential bullish trend continuation for today.
- The next target for the bullish trend is located at 29.80$.
- Breaking the 28.00$ level will trigger additional bearish correction, with the next target at 26.90$.
Expected Outcome
The price is expected to continue the bullish trend.
Expected Trading Range
Between the support at 27.95$ and the resistance at 28.80$.
Trend Forecast: Bullish
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