Midday update for Silver 18-08-2022

Economies.com
2022-08-18 09:18AM UTC

Silver price crawls downwards to approach our first waited target at 19.55, waiting for more decline to visit 19.00 level that represents our next target, to continue suggesting the bearish trend for today as long as 20.00 level remains intact, noting that the EMA50 continues to support the expected bearish wave.

 

The expected trading range for today is between 19.10 support and 20.00 resistance.

 

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The expected trend for today: Bearish

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