Silver awaits the break – Analysis - 14-11-2018

Economies.com
2018-11-14 05:03AM UTC

Silver price settles near 13.93 level, and the EMA50 forms continuous negative pressure against the price, to keep the chances valid to resume the bearish trend in the upcoming sessions, reminding you that breaking the mentioned level will push the price towards 13.62 as a next station.

 

We should note that breaching 14.25 might push the price to test 14.73 level before any new attempt to decline.

 

Expected trading range for today is between 13.70 support and 14.23 resistance.

 

Expected trend for today: Bearish

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