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Forecast update for silver -13-08-2025
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Forecast update for silver -13-08-2025
Aug 13, 2025 5:08 AM

The price of (silver) extended its strong gains in its last intraday trading, to reach our morning target at $38.50 resistance, attacking it with strong signs to breach it, the initial signs that the price managed to close above it, supported by the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, besides the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the stability of this scenario on the near-term basis.

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