Midday update for Silver 08-11-2018

Economies.com
2018-11-08 10:55AM UTC

Silver price managed to break the support line that appears on the chart and trades negatively, on its way towards our waited target at 13.93, to keep the bearish trend scenario active on the intraday and short term basis, reminding you that the continuation of the expected decline dpends on the price stability below 14.73.

 

Expected trading range for today is between 14.30 support and 14.70 resistance.

 

Expected trend for today: Bearish

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