Silver price could fall to $28.60 before making another run at $30 – Analysts
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Silver price may drop to $28.60 before attempting to reach $30; David Scutt from City Index warns against betting heavily on silver's rise due to ongoing resistance; silver has been correlated with copper futures; recent economic data could impact silver's performance; silver closed lower on Wednesday and continued downtrend on Friday, dropping below $29; potential short trade targets include $28.77, $28.046, and $27.269; Mohemati from TradingView suggests silver is completing a correction wave, with potential for bullish movement in the coming weeks.

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https://www.kitco.com/news/article/2024-08-30/silver-price-could-fall-2860-making-another-run-30-analysts