Silver price consolidates above the support - Forecast today - 25-03-2024

Silver price attempted to break 24.60$ level but it keeps its stability above it, to keep the bullish trend scenario active for the upcoming period, waiting to get positive motive that assist to push the price to achieve our first waited target at 25.50$.

Breaching 24.90$ will ease the mission to rise, and breaching the targeted level will extend the bullish wave to reach 26.07$, while breaking 24.60$ and holding below it will push the price to suffer new losses and target 24.00$ areas as a next negative station.

The expected trading range for today is between 24.40$ support and 25.10$ resistance.

Trend forecast: Bullish