Silver crawls downwards – Analysis - 07-11-2018

Economies.com
2018-11-07 05:08AM UTC

Silver price provided negative trades yesterday to start testing 14.50 level, which supports the continuation of the bearish overview in the upcoming sessions, as our main waited target is located at 13.93.

 

Holdin below 14.73 is important to continue the expected decline, as breaching it will lead the price to achieve positive targets that start at 15.22 before any new attempt to decline.

 

Expected trading range for today is between 14.30 support and 14.75 resistance.

 

Expected trend for today: Bearish

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