financetom
Technology
financetom
/
Technology
/
Silver price resumes the rise - Forecast today - 09-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Silver price resumes the rise - Forecast today - 09-04-2024
Apr 8, 2024 8:00 PM

Silver Price Analysis Expected Scenario Silver price resumes its positive trading after the decline witnessed in the previous sessions, reaching the 28.00$ barrier again. We are waiting for it to surpass this level to open the way towards 28.75$, which represents our next main target.

The bullish channel continues to carry the price to achieve more gains and organize the expected bullish wave, continuously supported by the EMA50. Note that breaking 27.05$ will stop the suggested rise and push the price to achieve some intraday bearish correction before resuming the bullish wave again.

Expected Trading Range Between the support at 27.70$ and the resistance at 28.50$

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Most affordable 5G smartphones under Rs 20,000: OnePlus, Redmi devices that you can buy now
Most affordable 5G smartphones under Rs 20,000: OnePlus, Redmi devices that you can buy now
Oct 3, 2022
There has been a significant rise in the demand for 5G smartphones in the market with a number of buyers looking for the best models to buy. According to analysts, 5G smartphones garnered 18 percent market share in 2021 and are expected to attract 40 percent share of all 5G smartphone shipments for the year 2022, Business Insider reported. Along with the essential set of features, 5G smartphones offer 5G support which makes them ready for next-generation connectivity. Those who are looking to buy 5G smartphones under Rs 20000 can look at brands like Poco, Redmi OnePlus, Motorola, and Samsung. Here's a list of the best 5G smartphones under Rs 20,000 that were launched within the last 18 months, and are currently available to buy in India.
NFT sales plunge in Q3, down by 60% from Q2
NFT sales plunge in Q3, down by 60% from Q2
Oct 3, 2022
Sales of nonfungible tokens dropped sharply in the third quarter, according to blockchain tracker DappRadar, as crypto investors hunker down for a "crypto winter" and demand for the highly speculative digital assets shows little sign of returning.
Ericsson demonstrates 5G use cases across sectors at the IMC 2022
Ericsson demonstrates 5G use cases across sectors at the IMC 2022
Oct 3, 2022
"5G is powering exciting possibilities and creating never-seen-before opportunities for people and businesses. Its launch in the country will also play a key role in realising the government’s Digital India vision," Ericsson said in a statement.
Government to set up 100 5G labs in the country, says Ashwini Vaishnaw
Government to set up 100 5G labs in the country, says Ashwini Vaishnaw
Oct 3, 2022
Vaishnaw said, “We are going to set up 100 5G labs across the country. I request the telecom industry to come together and convert at least 12 of these 100 labs into telecom incubators to train students and do experiments."
Copyright 2023-2026 - www.financetom.com All Rights Reserved