Silver loses momentum – Analysis - 15-12-2017
Economies.com
2017-12-15 04:57AM UTC
Silver price returns to move below 16.00 after the rise that it witnessed in the previous sessions, and stochastic keeps losing the positive momentum clearly on the daily time frame, to form negative motive that we are waiting to push the price to resume the bearish bias in the upcoming sessions, which targets testing 15.49 level mainly.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless we witnessed clear breach and hold above 16.56.
Expected trading range for today is between 15.70 support and 16.05 resistance.
Expected trend for today: Bearish
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