Silver price awaits the breach – Analysis - 29-07-2019
Economies.com
2019-07-29 04:45AM UTC
Silver price shows sideways trading and still below 16.50, noticing that stochastic begins to get rid of its negative momentum and gather the positive momentum, waiting to get enough positive momentum to push the price to breach the mentioned level followed by heading towards our next waited target at 17.30.
Therefore, the bullish trend will remain valid and suggested for the upcoming period conditioned by the price stability above 16.00.
The expected trading range for today is between 16.20 support and 16.60 resistance.
The expected trend for today: Bullish
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