Silver prices are currently testing the resistance line of a bullish channel, with the upward trend remaining intact as long as the $34.25 level holds. The prices are supported by the EMA50 indicator, reinforcing the bullish outlook. Traders are anticipating a move towards the next key targets of $35.00 and $35.55.
The expected trading range for today is between a support level of $34.20 and a resistance level of $35.10.
Trend Forecast: Bullish