Silver tests the support – Analysis - 19-05-2017
Economies.com
2017-05-19 03:58AM UTC
Silver price attempted to break the key support 16.56 but it managed to hold above it, which keeps the bullish trend scenario valid for the upcoming period, which targets testing 17.43 areas initially.
Therefore, we are waiting for positive trading today, and breaching 16.80 will ease the mission of achieving the above mentioned target, while the expected rise depends on holding above 16.56.
Expected trading range for today is between 16.50 support and 17.00 resistance.
Expected trend for today: Bullish
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