Midday update for Silver 03-06-2020

Economies.com
2020-06-03 09:25AM UTC

Silver price attempts to break 17.77 level now, while the EMA50 attempts to protect the recently suggested positive scenario, supported by stochastic reach to the oversold areas now, waiting to motivate the price to resume the bullish trend that its next main target located at 18.93, reminding you that holding below 17.77 will push the price to provide more negative trades and head towards 17.10 before rising again.

 

The expected trading range for today is between 17.60 support and 18.40 resistance.

 

The expected trend for today: Bullish

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