Midday update for Silver 07-08-2018

Economies.com
2018-08-07 09:34AM UTC

Silver price trades with clear positivity now to test the key resistance 15.50, which urges caution from the upcoming trading, as breaching this level will stop the negative overview and push the price to achieve gains that start at 16.00 and extend to 16.56.

 

Until now, we will keep our bearish overview conditioned by the price stability below 15.50, reminding you that our waited targets begin at 15.20 followed by 14.77.

 

Expected trading range for today is between 15.10 support and 15.50 resistance.

 

Expected trend for today: Bearish

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