Midday update for Silver 07-07-2020
Economies.com
2020-07-07 10:13AM UTC
Silver price faces negative pressure to test the EMA50, and we need to monitor the upcoming trading, as continuing the decline and breaking 17.85 will force the price to achieve additional decline and visit 17.40 level initially, while the price needs to rally upwards and breach 18.38 to confirm extending the bullish wave towards 18.93.
The expected trading range for today is between 18.00 support and 18.60 resistance.
The expected trend for today: Bullish
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