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Silver price forecast update 16-05-2024
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Silver price forecast update 16-05-2024
May 16, 2024 3:37 AM

Silver Price Analysis Expected Scenario Silver price shows sideways trades since morning, and stochastic continues to provide the negative signals that support the expectations to decline in the upcoming sessions, reminding you that we are waiting to test 28.90$, while breaching 29.80$ will stop the bearish wave and push the price to resume the main bullish track again.

Expected Trading Range The expected trading range for today is between 29.00$ support and 29.80$ resistance.

Trend Forecast: Bearish

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