Silver loses momentum – Analysis - 11-06-2018
Economies.com
2018-06-11 00:48AM UTC
Silver price settles near 16.80 resistance, and the price still inside the sideways range that appears on the chart, and we might witness some decline in the upcoming sessions affected by stochastic loss to the bullish momentum.
Therefore, we will continue to suggest the sideways move until the price manages to surpass one of the mentioned range’s lines represented by 16.15 support and 16.80 resistance to detect the next short term targets clearly.
Expected trading range for today is between 16.45 support and 16.90 resistance.
Expected trend for today: Sideways
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