Midday update for Silver 17-10-2018

Economies.com
2018-10-17 09:47AM UTC

Silver price shows new test to 14.73 level, which represents the first protecting factor to the recently suggested bearish trend scenario, reminding you that breaking 14.55 will reinforce the expectations of achieving our next main waited target at 13.93, while breaching 14.73 followed by 14.85 levels will stop the expected decline and lead the price to turn to rise.

 

Expected trading range for today is between 14.30 support and 14.75 resistance.

 

Expected trend for today: Bearish

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