Silver price forecast update 29-04-2024
Economies.com
2024-04-29 09:54AM UTC
Silver Price Analysis
Key Points:
- Silver price is currently trading positively, influenced by stochastic positivity.
- The technical indicators are exhibiting a contradiction, leading to a neutral stance until certain price levels are breached.
- A confirmation is needed either by breaching the $28.00 resistance or breaking the $26.90 support to determine clear next targets.
Expected Trading Range:
The anticipated trading range for today is between $26.70 (support) and $27.60 (resistance).
Trend Forecast:
Neutral
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