The price of silver demonstrated strong positive momentum, successfully attaining the previously suggested positive target at 24.60. Notably, the price has breached this level and is making attempts to sustain trading above it. This development bolsters the likelihood of additional gains in the upcoming period, with the subsequent targets situated at 25.00 and 25.50.
Consequently, the scenario of a bullish trend remains viable on an intraday basis, with the condition of sustaining levels above 24.60 considered crucial for realizing the expected targets.
Today’s expected trading range is poised to fluctuate between the support level of 24.30 and the resistance level of 25.10.
The prevailing trend for today is anticipated to be bullish, contingent upon the market’s evolving dynamics.
