Midday update for Silver 28/05/2015

Economies.com
2015-05-28 10:30AM UTC

 

Silver price didn’t show any strong move since morning to remain stable below 16.87 level, which makes us keep our bearish trend scenario as it is for today, it targets 16.05 level mainly, while it remains valid and active unless breaching 17.10 level and holding above it.

 

Expected trading range for today is between 16.05 support and 17.10 resistance.

 

Expected trend for today: Bearish

 

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