Silver breaks the support – Analysis - 19-09-2017

Economies.com
2017-09-19 03:43AM UTC

Silver price broke 17.43 level clearly and settled with a daily close below it, which turns the intraday trading to decline, to head towards targeting 16.56 areas in the upcoming period.

 

Therefore, the bearish bias will be suggested for today, noting that breaching 17.43 will stop the current negative pressure and push the price to return to its main bullish track again.

 

Expected trading range for today is between 16.90 support and 17.35 resistance.

 

Expected trend for today: Bearish

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