Silver price forecast update 18-03-2024

Economies.com
2024-03-18 09:17AM UTC

Silver price shows calm bullish bias in attempt to resume the expected bullish trend for today, supported by stochastic reach to the oversold areas, waiting for more rise to achieve our targets that start at 25.50 and extend to 26.07.

 

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 24.60 and holding below it.

 

The expected trading range for today is between 24.80 support and 25.50 resistance.

 

Trend forecast: Bullish

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