Silver price forecast update 30-04-2024
Economies.com
2024-04-30 09:24AM UTC
Silver Price Analysis
Expected Scenario
- Silver price managed to break 26.90$ and closed the last four hours’ candlestick below it, to support the continuation of the expected bearish trend for today.
- This targets 26.00$ as a next negative station.
- Therefore, we are waiting for more expected decline in the upcoming sessions, noting that the continuation of the bearish wave requires holding below 26.90$.
Expected Trading Range
Between the support at 26.45$ and the resistance at 27.20$.
Trend Forecast: Bearish
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