Silver price forecast update 23-04-2024

Economies.com
2024-04-23 11:06AM UTC

Silver price shows new negative trades to attack 26.90$ and attempts to hold below it, to stop the morning suggested positive scenario and head towards achieving more bearish correction for the rest of the day, paving the way to visit 26.00$ as a next correctional target.

 

Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 26.90$ and build support base above it.

 

The expected trading range for today is between 26.40$ support and 27.10$ resistance.

 

Trend forecast: Bearish

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