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Silver price forecast update 23-05-2024
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Silver price forecast update 23-05-2024
May 23, 2024 3:43 AM

Silver Price Analysis Expected Scenario Silver price fluctuates around the EMA50 that forms good support against the price, waiting to test 30.06$ that represents our next main target, reminding you that breaking it will push the price to suffer additional losses that reach 29.30$. In general, we will continue to suggest the bearish trend for today unless the price rallies to breach 31.00$ and holds above it. Expected Trading Range Between 29.70$ support and 30.60$ resistance.

Trend Forecast: Bearish

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