Silver Price Analysis
Expected Scenario
- Silver price tested the broken bullish trend line again and keeps its stability below it, to keep the bearish trend suggested for today, and we still waiting to break 30.06$ to confirm rallying towards our next negative target at 29.30$, reminding you that the continuation of the bearish wave depends on the price stability below 30.45$ and the most important below 31.00$.
Expected Trading Range
Between 29.70$ support and 30.60$ resistance.
Trend Forecast: Bearish