Midday update for Silver 21/08/2014
Economies.com
2014-08-21 11:14AM UTC
Silver price crawls downwards very slightly approaching from our first waited target at 19.15, which breaking it represents the key to extend the decline towards 18.60, to keep the bearish trend suggested for today supported by the EMA50, reminding you that breaching 20.15 will stop the negative overview and push the price to rise.
Expected trading range for today is between: 18.80 support and 20.00 resistance.
Expected trend for today: Bearish
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