Midday update for Silver 02-08-2019

Economies.com
2019-08-02 10:28AM UTC

Silver price returns to provide negative trades on its way for new test to 16.00 level, and as long as the price is above this level, our bullish overview will remain valid for today, waiting to get positive motive that assists to push the price to test 16.50 level as a first station, noting that breaking 16.00 and holding below it will press on the price to decline towards 15.60 initially.

 

The expected trading range for today is between 16.00 support and 16.50 resistance.

 

The expected trend for today: Bullish

 

 

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