Silver breaches the resistance – Analysis - 12-06-2018
Economies.com
2018-06-12 00:50AM UTC
Silver price managed to breach 16.80 level and closed the daily candlestick above it, to activate the bullish trend scenario on the intraday and short term basis, targeting testing 17.43 level as a first main station, making the bullish bias suggested for today.
Holding above 16.80 is important to continue the expected rise, as breaking it will stop the positive overview and push the price back to the sideways track again.
Expected trading range for today is between 16.70 support and 17.20 resistance.
Expected trend for today: Bullish
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