Technical Analysis: Silver Price Breaks Resistance Level

News on June 2, Economies analysts have the latest view today: silver prices rose strongly yesterday and closed above 23.70. After opening today, it showed a new upward trend, and it will continue to rise in the next few trading days, with a target of 24.60. Negative signals from stochastics may see prices briefly dip before recovering. It should be noted that unless 23.70 is broken again and the decline continues, it is recommended to continue to be bullish in intraday trading.

Today’s expected trading range is between 23.70 and 24.60.

Silver Price Chart