11.02.202511:22 Forex Analysis & Reviews: Silver Forecast for February 11, 2025

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

After a minor pullback from the breached target level of 32.280, the price is once again attempting to break above it, this time seemingly with confirmation.

The Marlin oscillator has not yet indicated leading growth, which creates the conditions for a gradual price increase. A breakout above 32.280 would open the first upward target at 32.905. Further movement may test the embedded price channel line in the 33.370–33.565 range.

On the four-hour chart, the price is undergoing broad consolidation below 32.280, while remaining above the MACD line. This line supports the price, encouraging a breakout above the 32.280 resistance level.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.