Midday update for Silver 07-04-2020

Economies.com
2020-04-07 10:36AM UTC

Silver price keeps its stability above 15.08 level, to keep the bullish trend valid and active for today, which gets good support by the EMA50, waiting to visit 16.00 level that represents our next main target, noting that breaching this level will push the price to 17.11 as a next station, while holding above 15.08 represents key condition to achieve the suggested targets.

 

The expected trading range for today is between 14.90 support and 15.50 resistance.

 

The expected trend for today: Bullish

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