Silver Price Analysis Expected Scenario The Silver price rallied strongly yesterday, reaching our second target at 29.80$. However, solid resistance is observed at this level, accompanied by negative signals from stochastic indicators. This may lead to negative trades in the upcoming sessions, potentially testing 28.90$ initially. If the price breaches 29.80$, the negative scenario will be invalidated, and the price may resume the bullish trend, targeting additional gains up to 30.20$. Expected Trading Range Between 29.00$ support and 29.80$ resistance.

Trend Forecast: Bearish