On June 5, the analysts of Economies.com have the latest opinion today: the price of silver has not been able to stay above 23.70 for a long time, which makes the price again under the influence of corrective downward pressure, and the next target is 23.00.
Therefore, silver still has a downside bias today, a break above 23.50 will help to achieve the expected decline, while a break above 23.70 will stop the current downside expectation and push the price to try to recover and establish an uptrend.
Today’s expected trading range is between 23.00 support and 23.85 resistance.