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Silver price breaches the resistance - Forecast today - 29-03-2024
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Silver price breaches the resistance - Forecast today - 29-03-2024
Mar 28, 2024 7:49 PM

Silver Price Analysis Expected Scenario: Bullish Trend Silver price ended yesterday with clear positivity, breaching the $24.85 level and closing the daily candlestick above it. This activates the positive scenario on the intraday basis and signals a resumption of the main bullish trend. We anticipate the price heading towards achieving positive targets, starting at $25.50 and extending to $26.07. The bullish bias will likely persist in the upcoming sessions, supported by stochastic positivity. Failing to consolidate above $24.85 might trigger a new bearish correction, with initial targets around the $24.30 level. Expected Trading Range for Today Support: $24.70 Resistance: $25.40 Trend Forecast: Bullish

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