Recalling the previous Silver (XAG) Daily Forecast from April 12, Silver reached the target of around $29.50 and then reversed for a correction. Let’s see what’s coming ahead.
At the moment, Silver (XAG/USD) is trading at $28.48, reflecting a significant rise of 2.34%. The metal’s price has found support within an upward channel, indicating a bullish stance as long as it remains above the pivot point at $27.82.
Arslan, a webinar speaker and derivatives analyst, has an MBA in Finance and MPhil in Behavioral Finance. He guides financial analysis, trading, and cryptocurrency forecasting. Expert in trading psychology and sentiment.