Midday update for Silver 18/12/2014
Economies.com
2014-12-18 11:15AM UTC
Silver price provided positive attempts surpassing the bearish resistance line, while stochastic approaches from the overbought levels, and the EMA50 keeps forming an intraday resistance.
Therefore, the morning suggested scenario will remain valid as it is for today, unless breaching 16.55 level and holding above it.
Expected trading range for today is between: 15.00 support and 16.55 resistance.
Expected trend for today: Bearish
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