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Silver price begins positively - Forecast today - 18-10-2024
Silver price shows new positive trades by today’s open to start testing 32.00$ barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, waiting to visit 32.50$ as a next main target, noting that breaching it will extend the bullish wave to reach 33.00$.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 31.00$.
The expected trading range for today is between 31.70$ support and 32.60$ resistance
Trend forecast: Bullish
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