Silver achieves the waited break – Analysis - 01/10/2014
Economies.com
2014-10-01 05:08AM UTC
Managed to break 17.00 level and closed the daily candlestick below it, which confirms the continuation of the bearish trend suggested in our recent reports, as this break opens the way to head towards 15.70 areas mainly.
Therefore, we will continue to suggest the bearish trend as long as 18.19 resistance remained intact, noting that the EMA50 continues to provide the support to the suggested bearish wave.
Expected trading range for today is between: 16.00 support and 17.35 resistance.
Expected trend for today: Bearish
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