Silver price forecast update 02-05-2024

Economies.com
2024-05-02 09:06AM UTC

Silver Trading Report

Silver price continues to decline to move below the neckline of the double top pattern that appears on the chart, which supports the continuation of the expected bearish trend for today, which gets continuous support by the EMA50, reminding you that the next target is located at 26.00$, while achieving requires holding below 26.90$.

The expected trading range for today is between 26.10$ support and 26.90$ resistance.

Trend forecast: Bearish

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