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A Silver Price Forecast For 2024

From investinghaven.com

Silver will move higher in 2024 as soon as the topping pattern in Yields is confirmed. The US Dollar did already confirm its inability to stage a bull run which is supportive for precious metals. Moreover, our silver price forecast 2024 is supported by leading indicators like inflation expectations and the silver CoT report reflecting positioning in the silver futures market. They all suggest a strongly bullish 2024 for silver. That’s why our silver price forecast for 2024 is 34.70 USD. Note that this is our first bullish target, also a longstanding target that we expected to be hit in 2023. Once silver trades near ... (full story)

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  • Category: Technical Analysis