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Silver price forecast update 30-05-2024
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Silver price forecast update 30-05-2024
May 30, 2024 3:49 AM

Silver Price Analysis Expected Scenario Silver price provides positive trades now after approaching 31.00$ this morning, and as long as the price is below 31.85$, the correctional bearish trend scenario will remain active for today, which its targets begin by breaking 31.00$ to confirm heading towards 30.06$, taking into consideration that the continuation of the rise and breaching 31.85$ will push the price to achieve more gains and test 32.50$ initially. Expected Trading Range Between 30.80$ support and 31.70$ resistance.

Trend Forecast: Bearish

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