Midday update for Silver 28-01-2020
Economies.com
2020-01-28 11:47AM UTC
Silver price tests the EMA50 that forms a good intraday support against the price, and keeps its stability above it, noticing that stochastic provides positive signal that we wait to push the price to rise again, keeping the bullish trend scenario valid in the upcoming sessions conditioned by holding above 17.95, reminding you that we are waiting for breaching 18.38 to confirm the extension of the bullish wave towards 19.00.
The expected trading range for today is between 17.90 support and 18.30 resistance.
The expected trend for today: Bullish
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