Midday update for Silver 13-08-2018

Silver price shows more bearish bias to break the sideways range’s support line now, reinforcing the expectations of achieving more decline on the intraday and short term basis, which its next target located at 14.95, reminding you that our extended target reaches 14.15, while holding below 15.50 represents key condition to achieve the suggested targets.

Expected trading range for today is between 15.00 support and 15.40 resistance.

Expected trend for today: Bearish