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Silver prices began today with a bullish bias, attempting to regain the main bullish trend. The price needs to breach the $31.00 mark to confirm the continuation of the rise, aiming for gains that start at $31.50 and extend to $32.00, maintaining the positive outlook for the upcoming period.
Technical indicators provide positive signals supporting the expectation of a rise today. However, a break below $30.65 would halt the bullish wave and push the price to test the $30.06 level initially.
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The expected trading range for today is between $30.60 support and $31.40 resistance.
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Trend Forecast: Bullish
