Midday update for Silver 15-05-2019

Economies.com
2019-05-15 09:26AM UTC

Silver price attempts to breach the bearish channel’s resistance, which urges caution from the upcoming trading, as confirming breaching 14.85 will turn the intraday track to rise to visit 15.22 before any new negative attempt.

 

Until now, the bearish trend scenario still valid for today conditoied by the price stability below 14.85, reminding you that our first main target is located at 14.50.

 

The expected trading range for today is between 14.50 support and 14.90 resistance.

 

The expected trend for today: Bearish

 

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