Midday update for Silver 24-04-2017
Economies.com
2017-04-24 11:22AM UTC
Silver price shows slight negative trading in attempt to head towards our waited target at 17.43, to keep our bearish trend expectations active in the upcoming period, reminding you that we wait for a bullish rebound after hitting the mentioned level to resume the bullish trend on the short term basis, and its positive targets begin at 18.30 and extend to 19.38.
You should be aware that breaking 17.43 will push the price to suffer more of the gains that reach to 16.56 before any new attempt to rise.
Expected trading range for today is between 17.60 support and 18.00 resistance.
Expected trend for today: Bearish temporarily
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