No news for Silver – Analysis - 23-02-2017
Economies.com
2017-02-23 05:30AM UTC
Silver price shows more of the tight range trading settled at the short term bullish channel’s support, therefore, there is no change on the bullish trend scenario that gets continuous support from the EMA50, waiting for testing 18.30 level initially, reminding you that breaching this level will extend the bullish wave to reach 19.38.
Stochastic provides positive signal that supports the suggested rise, being aware that breaking 17.95 level will push the price to test 17.43 level s before any new attempt to rise.
Expected trading range for today is between 17.80 support and 18.30 resistance.
Expected trend for today: Bullish
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