Midday update for Silver 02-07-2020
Economies.com
2020-07-02 09:37AM UTC
Silver price settles above the EMA50, waiting to rebound bullishly to resume the main bullish trend that its targets begin by surpassing 18.38 to open the way to head towards 18.93 on the near term basis, noting that stochastic supports the suggested bullish wave, which will remain valid conditioned by the price stability above 17.70.
The expected trading range for today is between 17.75 support and 18.40 resistance.
The expected trend for today: Bullish
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