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03.07.2025 05:11 AM
Silver Forecast for July 3, 2025

After two days of intense struggle (Monday and Tuesday) between the bulls and bears along the price channel line amid heightened volatility, yesterday we saw the outcome — the bulls won, pushing silver's price up by $0.525.

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The signal line of the Marlin oscillator is turning upward from the neutral zero line. A break above the nearest resistance level at 36.840 will pave the way for a new target at 38.500. Slightly above that lies the upper boundary of the 75-week price channel.

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On the four-hour chart, the price has consolidated above both indicator lines, while the Marlin oscillator continues to develop an upward trend in positive territory. A breakout above yesterday's high at 36.53 would allow silver to continue rising toward 36.84.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
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