Midday update for Silver 05-02-2019

Economies.com
2019-02-05 10:24AM UTC

Silver price shows slight bearish bias on its way to resume the expected bearish trend on the intraday basis, supported by stochastic negativity that appears clearly on the four hours’ time frame, reminding you that our next main target is located at 15.62, while achieving it conditions holding below 16.00.

 

The expected trading range for today is between 15.70 support and 16.00 resistance.

 

The expected trend for today: Bearish

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