Midday update for Silver 03-05-2019
Economies.com
2019-05-03 10:27AM UTC
Silver price settles below 14.73 and below the bearish channel’s resistance, while the EMA50 forms continuous negative pressure against the price, to continue suggesting the bearish trend on the intraday and short term basis, which depends on the price stability below 14.73 and 14.85 levels, noting that the expected targets begin at 14.50 followed by 13.93.
The expected trading range for today is between 14.40 support and 14.75 resistance.
The expected trend for today: Bearish
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