Silver price attempts negatively – Analysis - 01-05-2019

Economies.com
2019-05-01 03:43AM UTC

Silver price provided negative trades yesterday to approach our waited target at 14.73, noticing that stochastic provides negative overlapping signal now, which supports the chances of continuing the bearish trend in the upcoming sessions, reminding you that breaking the mentioned level will push the price towards 14.50 direct.

 

Holding below 15.22 is important to continue the suggested bearish wave, as breaching it will push the price to achieve gains that start at 15.62.

 

The expected trading range for today is between 14.73 support and 15.00 resistance.

 

The expected trend for today: Bearish

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