Silver price leans on the channel’s support line - Forecast today - 11-04-2024
Economies.com
2024-04-11 04:21AM UTC
Silver Price Analysis
Expected Scenario
- The silver price tested the bullish channel’s support line and maintains stability above it.
- It aims to resume the main bullish trend.
Expected Outcome
Stochastic is attempting to gather positive momentum to support the bullish expectations.
Note that breaking 27.50$ may stop the bullish trend and initiate intraday bearish correction.
Expected Trading Range
Between 27.80$ support and 28.50$ resistance.
Trend Forecast: Bullish
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