Silver price begins positively – Analysis - 05-08-2019
Economies.com
2019-08-05 05:07AM UTC
Silver price opens today’s trading with clear positivity to begin attempts to breach 16.50 level, which supports the continuation of our bullish overview in the upcoming period, motivated by the positive overlapping signal provided now by stochastic, reminding you that breaching the mentioned level will push the price to 17.30 as a next main station.
The EMA50 conitnues to support the suggested bullish wave, which its continuation conditions holding above 16.00.
The expected trading range for today is between 16.30 support and 16.65 resistance.
The expected trend for today: Bullish
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