Silver price forecast update 19-04-2024
Economies.com
2024-04-19 10:43AM UTC
Silver Price Analysis
Expected Scenario
- Silver price returns to test the key support at 28.00$.
- The EMA50 attempts to protect the expected positive scenario for today.
- Waiting to resume the bullish wave that its next main target reaches 29.80$.
- Reminding you that breaching 28.95$ will ease the mission to achieve the suggested target, while holding above 28.00$ represents a major condition for the continuation of the expected rise.
Expected Trading Range
Between 28.25$ support and 29.20$ resistance.
Trend Forecast: Bullish
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