Midday update for Silver 22-08-2019
Economies.com
2019-08-22 09:59AM UTC
Silver price faces a new negative pressure that might push the price to test the bullish channel’s support that appears in the image, while the EMA50 attempts to protect the price from suffering more of the losses, as long as the price is above 16.75 and 16.50 levels, so our bullish trend expectations will remain valid for today, reminding you that our initial target is represented by testing 17.30 level.
The expected trading range for today is between 16.80 support and 17.30 resistance.
The expected trend for today: Bullish
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