Silver affected by the positive momentum – Analysis - 14-12-2017
Economies.com
2017-12-14 05:03AM UTC
Silver price achieved some gains yesterday to move above 16.00, as the price is affected by stochastic positivity that appeared on the daily time frame, noticing that the indicator loses its positive momentum clearly, which supports the chances of continuing the overall bearish trend.
In general, the bearish trend will remain suggested unless the price managed to breach 16.56 level and hold above it, noting that the main waited target is located at 15.49.
Expected trading range for today is between 15.85 support and 16.20 resistance.
Expected trend for today: Bearish
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