- Silver reversed from help degree 24.50
- Prone to rise to resistance degree 25.85
Silver just lately reversed up with the every day Hammer from the sturdy help degree 24.50 (the earlier month-to-month excessive from January).
The help space close to the help degree 24.50 was strengthened by the decrease every day Bollinger Band and the 50% Fibonacci retracement of the upward impulse from February.
Given the rising safe-haven demand – Silver might be anticipated to rise additional towards the following resistance degree 25.85 (high of the earlier correction 2).