Silver – Pre-closing update – 01/09/2014
Economies.com
2014-09-01 18:43PM UTC
Silver price retested the previously breached resistance level of the falling wedge that turns into support now at 19.35, and the price needs to hold above this level and above 19.20 level to continue with the bullish bias for today, and by coming closer into today’s closing, the bullish trend scenario will remain valid on the intraday basis, waiting to breach 20.00 to extend the bullish wave towards 22.00.
Expected trading range for today is between: 19.00 support and 20.30 resistance.
Expected trend for today: Bullish
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