Silver suffers strong losses – Analysis - 22/09/2014
Economies.com
2014-09-22 05:18AM UTC
Silver price ended last Friday’s trading with strong decline to break the critical support 18.19, opening the way for more bearish bias on the intraday and short term basis, as we suggest targeting 15.70 areas.
The EMA50 supports the expected decline, which remains valid unless the price managed to breach 18.19 followed by 18.65 levels.
Expected trading range for today is between: 16.50 support and 18.19 resistance.
Expected trend for today: Bearish
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