Silver approaches the target – Analysis - 05-12-2018
Economies.com
2018-12-05 05:17AM UTC
Silver price came few pips away from our waited target at 14.73 and starts to rebound bearishly, which hints that the price is on its way to return to the main bearish track again, expecting to witness more decline in the upcoming sessions to test 13.93 level initially.
Therefore, we suggest the domination of the bearish bias for today unless the price rallied to breach 14.73 level and hold above it.
Expected trading range for today is between 14.25 support and 14.60 resistance.
Expected trend for today: Bearish
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