Silver Prices Surge, Eyeing Further Gains

Silver prices have successfully reached the first target of $31.00 and are currently attempting to breach this level, bolstering the likelihood of a continued bullish trend in both the intraday and short-term outlooks. Analysts predict a potential rise toward the next key target of $31.70.

Positive signals from the Stochastic indicator support the expectation of ongoing price increases. To solidify this bullish trend and prevent a reversal, the price must establish a support base above $31.00.

Today’s anticipated trading range is set between a support level of $30.00 and a resistance level of $30.90.

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