Midday update for Silver 07-01-2019

Economies.com
2019-01-07 10:32AM UTC

Silver price settles near 15.75, as long as the price is above 15.62, so our bullish trend expectations will remain active for today, supported by the EMA50, reminding you that we are waiting for testing 16.00 level that represents 61.8% Fibonacci correction level for the last bearish wave that appears in the image.

 

Expected trading range for today is between 15.60 support and 16.00 resistance.

 

Expected trend for today: Bullish

 

 

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