Silver price forecast update 24-04-2024
Economies.com
2024-04-24 09:29AM UTC
Silver price didn’t show any strong move since morning, to fluctuate around 27.20$ level, thus, no change to our neutrality until now, as the price needs to breach 28.00$ resistance or break 26.90$ support to detect its next destination clearly.
We remind you that breaking the support will put the price under additional correctional bearish pressure that its next target reaches 26.00$, while breaching the resistance represents the key to regain the main bullish trend and achieve gains that start at 28.95$.
The expected trading range for today is between 26.85$ support and 27.75$ resistance.
Trend forecast: Neutral
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