Silver price forecast update 03-04-2024

Economies.com
2024-04-03 09:59AM UTC

Silver Price Analysis

Silver price provided additional positive trades this morning, approaching our new awaited target at 26.60$. However, the price is now declining after losing the positive momentum, experiencing some temporary bearish correction.

  • Until now, the main bullish trend scenario remains valid unless breaking 25.50$ and holding below it, noting that the next extended target reaches 26.95$.

The expected trading range for today is between 25.90$ support and 26.70$ resistance.

Trend forecast: Bullish

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