Silver Price Anticipates Renewed Positive Movement

Silver price finds itself in a fluctuating position near the 24.20 level, eagerly awaiting a surge of positive momentum that will propel it to recommence the projected bullish trajectory on the intraday scale. This trajectory sets its sights on the 24.60 level as its imminent milestone.

The viability of the bullish trend scenario endures, provided the level of 23.70 remains uncompromised. Notably, should the targeted level be exceeded, the extension of the bullish wave toward the 25.50 level is anticipated as the ensuing primary objective.

The trading range predicted for today spans from the support level of 23.80 to the resistance level of 24.60.

Projected Trend for Today: Bullish