Midday update for Silver 16-01-2019

Economies.com
2019-01-16 11:01AM UTC

Silver price hovers around the EMA50, and it keeps its stability above the key support 15.55, which keeps our positive overview valid for today, supported by stochastic reach to the oversold areas, waiting to motivate the price to head towards our main waited target at 16.00.

 

Expected trading range for today is between 15.45 support and 15.90 resistance.

 

Expected trend for today: Bullish

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