Silver price hits the first target – Analysis - 14-08-2018
Economies.com
2018-08-14 04:16AM UTC
Silver price succeeded to achieve our first waited target at 14.95 and shows some bullish bias from there, affected by stochastic positivity, while the overall bearish trend scenario still valid, supported by the negative pressure formed by the EMA50, depending on the price stability below 15.50.
Note that breaking 14.95 will extend the bearish wave to reach 14.15 as a next main station.
Expected trading range for today is between 14.80 support and 15.20 resistance.
Expected trend for today: Bearish
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