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Silver price forecast update 06-05-2024
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Silver price forecast update 06-05-2024
May 6, 2024 5:28 AM

Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four hours candlestick above it. The price is heading towards building a bullish wave targeting the 28.00$ barrier as the first main station. Note that breaching 27.40$ will add more confirmation to the continuation of the expected rise. Therefore, the bullish bias will be suggested for the rest of the day unless breaking 26.90$ and holding below it again. Expected Trading Range for Today: Support: 26.85$ Resistance: 27.50$ Trend Forecast: Bullish

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