Midday update for Silver 12-08-2019

2019-08-12 10:41:19 GMT (Economies.com)

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Silver price continues to fluctuate inside the bullish pennant pattern, waiting to breach 17.05 level to get positive motive that supports our expectations of continuing the bullish trend on the intraday and short term basis, which its targets begin by breaching 17.30 to confirm rallying towards 18.45, noting that the continuation of the expected rise depends on the price stability above 16.50.

 

The expected trading range for today is between 16.65 support and 17.20 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1124
-0.0008
0.0719%
1.3355
0.0015
0.1143%
Tadawul
8049.50
43.73
0.55%
16.936
-0.004
0.021%
59.785
-0.011
0.019%
65.22
1.02
1.59%
1474.365
-1.080
0.073%
 
 
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