Silver price approaches the resistance – Analysis - 03-04-2019
Economies.com
2019-04-03 04:21AM UTC
Silver price shows some bullish bias to approach testing the key resistance 15.22 again, accompanied by stochastic reach to the overbought areas, while the EMA50 meets the mentioned resistance to add more strength to it.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which it next main target located at 14.73, reminding you that breaching 15.22 will push the price to rise again and visit 15.62 initially.
The expected trading range for today is between 14.90 support and 15.25 resistance.
The expected trend for today: Bearish
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