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Silver price needs confirmation signal - Forecast today - 02-10-2024
Silver price tested the key resistance 31.70$ without managing to confirm breaching it, to remain confined between this resistance and 31.00$ support line, which keeps our neutrality valid until now, waiting to get clearer signal for the next trend.
We remind you that breaching the mentioned resistance will lead the price to resume the main bullish trend and achieve gains that start at 32.50$, while breaking the support represents the key to turn to decline to achieve negative targets that reach 30.06$.
The expected trading range for today is between 30.90$ support and 31.85$ resistance.
Trend forecast: Neutral
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