Midday update for Silver 01-07-2020
Economies.com
2020-07-01 08:55AM UTC
Silver price resumes its positive trading to achieve our first target at 18.38, getting continuous positive support by the EMA50, which reinforces the chances of breaching this level to open the way to head towards our next target at 18.93.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 17.80 level and holding below it.
The expected trading range for today is between 18.00 support and 18.60 resistance.
The expected trend for today: Bullish
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