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Forecast update for Silver -06-08-2025
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Forecast update for Silver -06-08-2025
Aug 6, 2025 6:59 AM

The price of (Silver) rose in its last intraday trading, to delete its early losses that came by the stability of the resistance at $37.85, attempting to gain positive momentum that might assist it to breach this resistance, and attempts to offload some of the clear overbought conditions on the (RSI), with the emergence of the negative signals, amid its affection by breaching a bearish correctional trend line on the short-term basis, and there is a positive support that comes from its trading above EMA50, reinforcing the chances for the price rise on the near term basis.

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