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Silver 6H NEW FORECAST
Silver price made an attempt to break the 23.70 level, but it consolidated above it, which makes us likely to head to build a bullish wave that mainly targets visiting the 24.60 areas, supported by the positivity of the Stochastic indicator that appears on the four-hour time frame.
Therefore, an upward bias will be expected for today, and breaking 24.05 will facilitate the price’s task of achieving the expected target while breaking 23.70 represents a negative factor that will put pressure on the price to incur additional losses up to 23.00.
The expected trading range for today is between support 23.60 and Resistance 24.50
Silver 6H NEW FORECAST
Silver price made an attempt to break the 23.70 level, but it consolidated above it, which makes us likely to head to build a bullish wave that mainly targets visiting the 24.60 areas, supported by the positivity of the Stochastic indicator that appears on the four-hour time frame.
Therefore, an upward bias will be expected for today, and breaking 24.05 will facilitate the price’s task of achieving the expected target while breaking 23.70 represents a negative factor that will put pressure on the price to incur additional losses up to 23.00.
The expected trading range for today is between support 23.60 and Resistance 24.50
