Silver price awaits the break – Analysis - 25-01-2019

Economies.com
2019-01-25 05:17AM UTC

Silver price tested 15.22 level without managing to break it until now, and stochastic returns to move near the overbought areas, waiting to break the mentioned support to confirm opening the way to continue the bearish trend that targets visiting 15.00 followed by 14.73 levels as next main stations.

 

In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 15.45 level and holding above it.

 

Expected trading range for today is between 15.10 support and 15.50 resistance.

 

Expected trend for today: Bearish

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