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Silver price forecast update 14-05-2024
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Silver price forecast update 14-05-2024
May 14, 2024 3:35 AM

Silver Price Analysis Expected Scenario Silver price shows slight positive trades and attempts to move away from the 28.00$ level. This supports the continuation of the expected bullish trend for today, waiting to visit 28.90$ followed by 29.80$ levels as next main targets. Holding above 28.00$ is important to the continuation of the expected rise. Breaking it will push the price to turn to decline and visit the 38.2% Fibonacci correction level around 26.90$. Expected Trading Range Between the support at 28.00$ and the resistance at 28.70$.

Trend Forecast: Bullish

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