Silver Prices Remain Steady Amid Bearish Trend Forecast

by Yuki

Silver prices have shown little movement since the morning, maintaining a level around $30.50. The outlook for the day continues to reflect a bearish trend, contingent upon the price remaining below the $31.00 mark. Analysts emphasize that breaking below the $30.06 threshold is crucial, as it would confirm a further decline toward the next key target of $29.30.

Today’s expected trading range is set between a support level of $30.06 and a resistance level of $30.90.

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