Midday update for Silver 19/12/2014
Economies.com
2014-12-19 11:25AM UTC
Silver price hovers around the resistance level, while the EMA50 continues to form negative pressure on the intraday basis, therefore, we continue to suggest the bearish trend in the upcoming period, which targets 15.00 level initially, while achieving it requires holding below 16.55.
Expected trading range for today is between: 15.00 support and 16.55 resistance.
Expected trend for today: Bearish
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