Silver approaches from the first target – Analysis - 20-07-2017
Economies.com
2017-07-20 03:01AM UTC
Silver price resumed its positive attempts slightly yesterday heading towards our first main waited target at 16.56, noting that stochastic negativity that appears clearly now might cause temporary sideways fluctuation before continuing the rise.
In general, we will keep our bullish overview conditioned by holding above 15.49 level, noting that breaching 16.56 will lead the price to extend its gains and head towards 17.43 on the near term basis.
Expected trading range for today is between 16.00 support and 16.56 resistance.
Expected trend for today: Bullish
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