Midday update for Silver 01-11-2018

Economies.com
2018-11-01 10:27AM UTC

Silver price traded with clear positivity to test the EMA50, which attempts to protect the recently suggested negative scenario, reminding you that holding below 14.73 keeps the bearish trend valid for the upcoming period, as breaching it will push the price to achieve gains that start at 15.22, while the next target of the expected bearish wave is located at 13.93.

 

Expected trading range for today is between 14.10 support and 14.50 resistance.

 

Expected trend for today: Bearish

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