Silver within the sideways track – Analysis - 10-04-2018

Economies.com
2018-04-10 04:15AM UTC

Silver price shows more sideways trading as appears on the chart, and the price still confined between 16.15 support and 16.80 resistance, while the contradiction continues to appear between stochastic positivity and the EMA50 negativity.

 

Therefore, the sideways range will remain dominant until the price manages to breach one of the above mentioned levels, noting that the details of the expected targets after the breach are explained in our previous reports.

 

Expected trading range for today is between 16.30 support and 16.60 resistance.

 

Expected trend for today: Sideways

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