Midday update for Silver 06-08-2019

Economies.com
2019-08-06 09:26AM UTC

Silver price keeps flcuatuting near 16.50 level, waiting for confirming breaching this level to reinforce the expectations for the bullish wave extension on the short term basis, where its next target located at 17.30, 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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