Midday update for Silver 11-06-2018

Economies.com
2018-06-11 09:13AM UTC

Silver price returns to attempt to breach 16.80 level but without managing to hold above it, to keep the price within the sideways range that its support line located at 16.15, thus, the sideways range will remain dominant on the intraday basis until breaching one of the mentioned levels, noting that breaking the support will push the price to 15.49 direct, while breaching the resistance will motivate the price to achieve gains that start at 17.43 and extend to 18.30.

 

Expected trading range for today is between 16.45 support and 16.90 resistance.

 

Expected trend for today: Sideways

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