Silver Price Approaches First Target: Forecast for September 10, 2024

by Jennifer

Silver prices have continued their upward momentum, nearing the anticipated target of $28.55. A sustained rise above this level could lead to further gains, with new targets extending to $29.30.

Maintaining a price above $27.62 supports the bullish trend. Conversely, a drop below this level would negate the current bullish outlook and potentially trigger a decline.

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The expected trading range for today is between $28.00 support and $28.90 resistance.

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Trend Forecast: Bullish

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