Silver price below the moving average – Analysis - 30-04-2019

Economies.com
2019-04-30 04:29AM UTC

Silver price settled below the EMA50, which supports the continuation of our bearish overview, to gradually approach our main waited target at 14.73.

 

Therefore, the bearish trend will remain suggested in the upcoming sessions unless the price rallied to breach 15.22 level and hold above it, noting that surpassing 14.73 will extend the bearish wave to reach 14.50 as a next main station.

 

The expected trading range for today is between 14.73 support and 15.05 resistance.

 

The expected trend for today: Overall Bearish

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