Midday update for Silver 16-01-2020

Economies.com
2020-01-16 10:07AM UTC

Silver price hovers near the EMA50 and it remains above 17.90 level, keeping the positive scenario active for today, targeting 18.38 level mainly, being aware that breaking 17.90 will put the price under negative pressure again to head to 17.60 initially.

 

The expected trading range for today is between 17.70 support and 18.15 resistance.

 

The expected trend for today: Bullish

 

 

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