Silver price begins positively – Analysis - 15-03-2019

Economies.com
2019-03-15 04:54AM UTC

Silver price broke 15.22 level yesterday, but it begins today with bullish bias to move above the mentioned level again, which keeps the chances valid to continue the recently suggested bullish trend scenario, motivated by stochastic positivity that appears clearly now.

 

Therefore, we are waiting for more rise in the upcoming sessions, and breaching 15.30 will ease the mission of heading towards our main waited target at 15.62, while trading below 15.22 again will stop the expected rise and press on the price to decline towards 15.00 followed by 14.73 levels as next main stations.

 

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

 

The expected trend for today: Bullish

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