Silver continues the negative crawling – Analysis - 07-12-2017
Economies.com
2017-12-07 05:10AM UTC
Silver price shows more calm bearish bias to surpass 16.00 barrier and settles below it, reinforcing the expectations of continuing the bearish trend in the upcoming period, and we believe that the way is open to visit 15.49 as a next main target.
Therefore, we will keep our bearish overview on the intraday and short term basis unless the price managed to breach 16.56 level and hold with a daily close above it.
Expected trading range for today is between 15.80 support and 16.10 resistance.
Expected trend for today: Bearish
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