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Silver price forecast update 27-06-2024
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Silver price forecast update 27-06-2024
Jun 27, 2024 4:13 AM

Silver price shows some slight bullish bias now, waiting to get new negative motive that assist to push the price to resume the negative trades and break 28.55$ to open the way to achieve more bearish correction that targets 27.62$ areas as a next main station.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 29.30$ and holding with a daily close above it.

The expected trading range for today is between 28.20$ support and 29.10$ resistance.

Trend forecast: Bearish

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