Silver market today witnessed a remarkable garland for the investments where the rise in the indicators reflected the expected price jump. The investors’ engagement in acquiring more silver with all caution stemmed from the ongoing market swings. The economic and socio-political events around the world have confirmed the analystsâ forecast of the price turn.
On the technical front, the silver prices are expected to fluctuate in the narrow range before breaking out towards the predefined target at 19.00. The expected fluctuation range for silver price today is between 18.00 support and 19.00 resistance.
The experts at Economies.com anticipate performance improvement for silver, provided it manages to hold above 18.00. A breakout of the 18.70 level will affirm the rising scenario.
In conclusion, our silver price forecast for 22-11-2024 expects a bullish trend, provided that the price remains above 18.00. Read More
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