Silver price rises calmly - Forecast today - 26-04-2024

Economies.com
2024-04-26 03:58AM UTC

Silver Price Analysis

Expected Scenario

The silver price is currently around the $27.40 level, awaiting confirmation signals for the next trend. Technical factors present contradictory signals, leading us to maintain our neutrality.

Breaking the $26.90 support could indicate a resumption of the correctional bearish track, targeting $26.00 as the next main target. Conversely, breaching the $28.00 resistance would suggest a return to the main bullish trend, targeting positive levels starting at $28.80 and extending to $29.80.

Expected Trading Range

Between the support at $26.90 and the resistance at $27.90.

Trend Forecast: Neutral

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