Silver moves alongside upside trend line - Analysis - 07-06-2019

Economies.com
2019-06-07 06:16AM UTC

Silver's prices kept rising in the short term while trading alongside the upward short-term trend line, while also gathering momentum and finding a base to bolster its rebound, surrounded with positive signals from the RSI, with positive support from the 50-period SMA. 

 

Therefore we expect prices to rise, provided the support of 14.84 holds on, targeting the resistance of 15.03 anew. 

 

Expected trend for today: Bullish  

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