Midday update for Silver 06-12-2019
Economies.com
2019-12-06 10:33AM UTC
Silver price provides new negative trades and attempts to press on the minor bullish channel’s support line, getting negative signal through stochastic, waiting for more decline for the rest of the day, supported by the negative pressure formed by the EMA50, waiting to visit 16.33 level as a next target, reminding you that the continuation of the expected decline depends on the price stability below 1489.00.
The expected trading range for today is between 16.70 support and 17.10 resistance.
The expected trend for today: Bearish
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