Silver gets a negative signal – Analysis - 15-11-2018
Economies.com
2018-11-15 05:11AM UTC
Silver price provided positive trades yesterday to approach the key resistance 14.25, and it begins to rebound bearishly from there now, as the EMA50 meets the mentioned resistance to add more strength to it, while stochastic provides negative signal now.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which its targets begin by breaking 13.93 to confirm extending the bearish wave towards 13.62, reminding you that it is important to hold below 14.25 to continue the expected decline.
Expected trading range for today is between 13.80 support and 14.30 resistance.
Expected trend for today: Bearish
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