Silver achieves the target – Analysis - 13-11-2018
Economies.com
2018-11-13 05:09AM UTC
Silver price succeeded to reach our main waited target at 13.93, showing some bullish bias affected by stochastic positivity, and it might test the previously broken horizontal support line at 14.23 before resuming the bearish bias again.
In general, the price stability below 14.73 keeps the bearish trend scenario valid for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our extended target reaches 13.62.
Expected trading range for today is between 13.80 support and 14.23 resistance.
Expected trend for today: Bearish
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