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Midday update for Silver 19-10-2017
Silver price resumes its positive attempts calmly to move around 17.00 level, motivated by stochastic positivity that appears on the daily time frame, waiting for more rise for the rest of the day, which targets 17.43 level initially, reminding you that breaching this level will push the price towards 18.30 direct, while the bullish trend will remain valid unless breaking 16.56 level and holding below it.
Expected trading range for today is between 16.80 support and 17.10 resistance.
Expected trend for today: Bullish
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Midday update for Gold 19-10-2017
Gold price shows sideways trading to move above 1281.17 level now, which hints the attempt to regain the main bullish track, but will keep the morning suggested negative scenario unless we witnessed daily close above 1281.17.
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