Silver ends the domination of the sideways range – Analysis - 19-04-2018

Economies.com
2018-04-19 03:45AM UTC

Silver price rallied upwards strongly yesterday to breach 16.80 level and settles above it, to end the domination of the sideways range that started by the beginning of last February, opening the way to achieve positive targets that start at 17.43.

 

Therefore, the bullish trend will be suggested in the upcoming sessions conditioned by the price stability above 16.80 and 16.56, noting that breaching the targeted level will extend silver price gains to reach 18.30 as a next main station.

 

Expected trading range for today is between 17.00 support and 17.43 resistance.

 

Expected trend for today: Bullish

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