Midday update for Silver 05-08-2019
Economies.com
2019-08-05 11:00AM UTC
Silver price continues the breaching attempt to 16.50 level, keeping the bullish trend valid and active for today, supported by stochastic and the EMA50 positivity, waiting for visiting 17.30 level as a next main target, while holding above 16.00 represents the most important condition for the continuation of the expected rise.
The expected trading range for today is between 16.30 support and 16.65 resistance.
The expected trend for today: Bullish
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