Sliver
Historical Range: Since 2017, silver has fluctuated significantly, with major price levels around $10, $20, $25, $31, and $35 per ounce.Current Price: As of now, the price is around $30.95, close to a key resistance level at $31.50. Breaking this resistance could lead to a potential rally towards 35.Support Levels: The key support level to watch is around $25.51. If the price drops below this level, it could signal a bearish trend towards the next support level around 20.Recent Trend: The price of silver has been on an upward trend recently, indicating bullish momentum.Technical Patterns: There is an indication of a potential breakout above $31.50, which, if confirmed, could lead to higher prices.In summary, silver appears to be in a bullish phase, with the potential to break higher resistance levels. However, it's crucial to monitor support levels and broader market trends to gauge the sustainability of this movement.
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