Silver price below the resistance – Analysis - 09-05-2019
Economies.com
2019-05-09 00:57AM UTC
Silver price begins to rebound bearishly from the bearish channel’s resistance that appears on the chart, which supports the continuation of our bearish trend expectations, and the price needs to surpass 14.73 level to ease the mission of achieving our negative targets that begin at 14.50 and extend to 13.93.
Therefore, the bearish trend will remain suggested in the upcoming period unless breaching 15.22 level and holding above it.
The expected trading range for today is between 14.60 support and 15.00 resistance.
The expected trend for today: Bearish
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