Midday update for Silver 26-09-2017
Economies.com
2017-09-26 09:56AM UTC
Silver price did not show any strong move since morning, to continue fluctuating around 17.15 level and settles below it, thus, no change on the bearish trend scenario that depends on holding below 17.43, noting that stochastic positivity interprets the reasons of the current sideways fluctuation.
Our main waited target is located at 16.56, reminding you that breaking it will push the price towards 15.49 as a next main station.
Expected trading range for today is between 16.90 support and 17.30 resistance.
Expected trend for today: Bearish
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