Midday update for Silver 24/10/ 2014

Economies.com
2014-10-23 10:28AM UTC

 

Silver price retested the bullish channel’s supported broken yesterday and bounced lower from there, supporting the continuation of our bearish trend expectations efficiently for today, which target 17.00 then 16.65 levels mainly, while achieving them requires holding below 17.45.

 

Expected trading range for today is between: 16.65 support and 17.65 resistance.

 

Expected trend for today: Bearish

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