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Silver prices exhibited notable positivity in recent trading, successfully reaching our initially anticipated target at 25.00. The influence of stochastic negativity has resulted in current sideways fluctuations. However, the market is poised for a resurgence of the bullish wave, eyeing the next target situated at 25.50.
The recommendation continues to favor a bullish outlook for the foreseeable future. It is emphasized that maintaining a position above 26.40 is crucial to realizing the anticipated targets.
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The expected trading range for the day is foreseen to oscillate between the support level at 24.70 and the resistance level at 25.50.
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Anticipated Trend for Today: Bullish
