Silver price forecast update 18-04-2024
Economies.com
2024-04-18 11:11AM UTC
Silver Price Analysis
Expected Scenario
- Silver price is attempting to return to the bullish channel that appears on the chart.
- Motivated by the positive overlapping signal provided by stochastic now, waiting for more rise in the upcoming sessions.
- Reminding you that our main waited target is located at 29.80$.
Expected Outcome
Breaching 28.65$ will ease the mission to achieve the expected rise, which will remain valid unless breaking 28.00$ and holding below it.
Expected Trading Range
Between the 28.10$ support and the 28.90$ resistance.
Trend Forecast: Bullish
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