Silver Price Analysis
Expected Scenario
- Silver price trades negatively now to approach the key support 26.90$.
- Urging caution from the upcoming trading, as breaking this level will stop the morning suggested positive scenario.
- Pushing the price to return to the correctional bearish track again and open the way to target 26.00$ areas initially.
- The bullish trend scenario still active as long as 26.90$ remains intact.
- Reminding you that the waited targets begin at 27.50$ followed by 28.00$.
Expected Trading Range
Between 27.00$ support and 27.80$ resistance.
Trend Forecast: Bullish