Silver price forecast update 17-04-2024
Economies.com
2024-04-17 09:24AM UTC
Trend Forecast for Silver Price
Expected Scenario upon Moving Away from 28.00$ Level
- Silver price resumes its positive trading to move away from 28.00$ level.
- Expectations of continuing the bullish trend for the rest of the day are reinforced.
- Our next main target reaches 29.80$.
Expected Scenario in Case of Breaching 28.85$
- Breaching 28.85$ will ease the mission of rallying towards the suggested target.
- The bullish trend will remain active unless breaking 28.00$ and holding with a daily close below it.
Expected trading range for today: Between 28.00$ support and 28.80$ resistance.
Trend forecast: Bullish
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