Silver within the tight range – Analysis - 09-11-2017
Economies.com
2017-11-09 04:10AM UTC
Silver price hovers around the EMA50, while stochastic attempts to get rid of its negativity and gain the positive momentum on the daily time frame, waiting to get positive motive that assists to push the price to continue the main rise.
Therefore, we will continue to suggest the bullish trend in the upcoming period conditiond by holding above 16.56 level, reminding you that the waited targets begin at 17.43 and extend to 18.30 after breaching the previous level.
Expected trading range for today is between 16.90 support and 17.43 resistance.
Expected trend for today: Overall Bullish
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