Silver is stable – Analysis - 26-05-2017
Economies.com
2017-05-26 03:10AM UTC
Silver price settles above 17.00 level, noticing that stochastic gains the positive momentum clearly, while the EMA50 keeps providing the positive support to the price.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming period, which its targets begin by breaching 17.43 to confirm opening the way to head towards 18.30 as a next main station, reminding you that it is important to hold above 16.56 to achieve the suggested targets.
Expected trading range for today is between 17.00 support and 17.50 resistance.
Expected trend for today: Bullish
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