Silver price begins negatively – Analysis - 01-02-2019
Economies.com
2019-02-01 05:11AM UTC
Silver price begins today’s trading with clear negativity to break 16.00 and moves below it, which puts the price under expected negative pressure in the upcoming sessions, targeting visiting 15.62 level mainly.
We should note that breaching 16.00 and holding above it will stop the current negative pressure and push the price to regain the bullish track that its next target located at 16.50.
Expected trading range for today is between 15.75 support and 16.10 resistance.
Expected trend for today: Bearish
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