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Silver price forecast update 29-10-2024
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Silver price forecast update 29-10-2024
Nov 3, 2024 1:56 PM

Silver price settles around 33.70$ level, and we still neutral until we get clearer signal for the next trend, to continue monitoring the price according to this level.

We remind you that holding above the mentioned level will push the price to recover and achieve positive targets that start at 34.25$ followed by 34.85$, while breaking it represents negative factor that will put the price under the negative pressure again, to head towards 33.04$ initially.

The expected trading range for today is between 33.40$ support and 34.30$ resistance.

Trend forecast: Neutral

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