Silver price has been operating within the confines of an ascending triangle pattern, a trend that finds visible manifestations on the chart. The catalyst for a positive impetus lies in the event of a breach beyond the 24.35 threshold. This breakthrough would engender a constructive stimulus, facilitating the realization of optimistic targets commencing at 24.60 and extending towards 25.00 as the subsequent key levels.
Hence, the continued validity of the bullish trend in the imminent period remains intact, contingent upon the accumulation of positive momentum to fuel the anticipated ascent. It is imperative to underscore that any decline beneath 24.10 would usher in a trial of the pivotal support level at 23.70 prior to any subsequent bullish endeavors.
The projected trading scope for today oscillates between the support at 24.00 and the resistance at 24.80.
The projected trend for today remains bullish.
