Silver Price Analysis
- Silver price faces solid intraday resistance at 24.85$, formed by the EMA50.
- Waiting for positive momentum to push the price above this barrier towards the next target at 25.50$.
- The bullish trend scenario remains valid unless breaking 24.60$ and holding below it.
- Breaking below 24.60$ may trigger a bearish wave targeting 23.70$ areas.
Expected Trading Range for Today:
- Support: 24.40$
- Resistance: 25.10$
Trend Forecast: Bullish