Silver Price Analysis
Expected Scenario
- Silver price provides slight positive trades to gradually crawl towards the key resistance 28.00$.
- This level represents one of the next trend keys besides 26.90$ support.
- We continue with our neutrality until the price confirms surpassing one of these levels followed by detecting its next destination clearly.
Details of Targets and Support
- Breaking the resistance will push the price to build a bullish wave that targets begin at 28.80$ followed by 29.80$.
- Breaking the support will force the price to achieve new bearish correction that targets 26.00$ as a next negative station.
Expected Trading Range
Between 26.90$ support and 27.90$ resistance.
Trend Forecast: Neutral