Midday update for Silver 13-12-2018

Economies.com
2018-12-13 10:13AM UTC

Silver price begins new breaching process to 14.73 level and attempts to hold above it, which hints the price head to continue the rise in the upcoming sessions, but we need to get a daily close above the mentioned level to confirm heading towards 15.22 as a next positive target.

 

Therefore, we will continue with our neutrality until the price confirms its situation according to 14.73 level, reminding you that trading below it again will push the price towards 13.93 initially.

 

Expected trading range for today is between 14.40 support and 14.90 resistance.

 

Expected trend for today: Neutral

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