Silver Price Forecast Update – 06-12-2024

by Jennifer

Silver prices have shown weak trading today, but there is no change to the anticipated bullish trend. For this positive outlook to remain valid, the price must stabilize above the $30.63 level. A break above $31.63 would pave the way for further gains, with the next key target set at $32.20.

The expected trading range for today is between support at $30.80 and resistance at $31.70.

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Trend Forecast: Bullish

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