Midday update for Silver 12-04-2019

Economies.com
2019-04-12 10:32AM UTC

Silver price shows some slight bullish bias to move around 15.00, and the price falls under continuous negative pressure formed by the EMA50, which supports the expectations of continuing the bearish trend in the upcoming sessions, to continue suggesting the bearish bias for today conditioned by the price stability below 15.22 and 15.35 levels, noting that we are waiting to visit 14.73 as a first target.

 

The expected trading range for today is between 14.73 support and 15.15 resistance.

 

The expected trend for today: Bearish

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