Midday update for Silver 07-12-2017

Economies.com
2017-12-07 10:32AM UTC

Silver price continues to decline to head towards our waited target at 15.49 gradually, keeping the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, reminding you that holding below 16.56 represents key condition to continue the expected decline.

 

Expected trading range for today is between 15.80 support and 16.10 resistance.

 

Expected trend for today: Bearish

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