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Silver price forecast update 12-06-2024
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Silver price forecast update 12-06-2024
Jun 12, 2024 4:00 AM

Silver Price Analysis Expected Scenario Silver price shows a bearish bias now to test the 29.30$ level, waiting to trade below this level again to revive the expected bearish trend scenario for today, which its next main target located at 28.55$. Stochastic loses its positive momentum clearly to support the expectations to decline, noting that breaching 29.50$ might push the price to visit 30.06$ areas before any new negative attempt. Expected Trading Range Between 28.90$ support and 29.70$ resistance.

Trend Forecast: Bearish

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