Silver resumes the decline – Analysis - 21-09-2017
Economies.com
2017-09-21 03:44AM UTC
Silver price traded with slight negativity after testing 17.43 level yesterday, to support the continuation of the bearish trend scenario in the upcoming period especially after settling below the EMA50, waiting for more decline for today, as our next target is located at 16.56.
Therefore, the bearish trend will remain valid and active in the upcoming sessions unless we witnessed clear breach and hold above 17.43.
Expected trading range for today is between 16.80 support and 17.30 resistance.
Expected trend for today: Bearish
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