Midday update for Silver 06-07-2020
Economies.com
2020-07-06 09:35AM UTC
The Silver price shows bullish bias now to move away from the intraday bullish trend line, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to braech 18.38 to confirm rallying towards our next main target at 18.93, noting that the EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 17.80.
The expected trading range for today is between 17.85 support and 18.40 resistance.
The expected trend for today: Bullish
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