Midday update for Silver 22/12/2014

Economies.com
2014-12-22 11:45AM UTC

 

Silver price moves in tight track since morning, while stochastic hits the overbought levels now, which supports the continuation of the suggested bearish trend scenario for today, and it depends on the stability below 16.55, while it targets 15.00 levels initially.

 

Expected trading range for today is between: 15.00 support and 16.55 resistance.

 

Expected trend for today: Bearish

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