CFDs on Silver (US$ / OZ)
Long
Updated

Silver Price Analysis – Key Support Holding, Upside Potential

2 072
Price has respected strong support around 66.21. A bullish reversal is likely with potential upside targets at 69.80, 73.46, 78.33, and 84.78. Traders should watch for a breakout above the descending channel for confirmation of sustained upward momentum. Trendlines indicate the market is attempting to shift from a downtrend to a potential bullish rally
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