Midday update for Silver 09-10-2018

Economies.com
2018-10-09 09:44AM UTC

Silver price retests the previously broken support of the minor bullish channel, accompanied by stochastic approach to the overbought areas, which supports the chances of bouncing bearishly to resume the main bearish trend, which its next target located at 13.96, while achieving it conditions settling below 14.73.

 

Expected trading range for today is between 14.15 support and 14.55 resistance.

 

Expected trend for today: Bearish

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