Silver price awaits more rise - Forecast today - 10-04-2024

Economies.com
2024-04-10 03:09AM UTC

Silver price settles above 28.00$ barrier, and continues to move inside the bullish channel that appears on the chart, waiting to resume the bullish wave that targets 28.75$ followed by 29.00$ areas as next main stations.

 

The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 27.35$.

 

The expected trading range for today is between 27.90$ support and 28.60$ resistance.

 

Trend forecast: Bullish

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