Silver price breaches the resistance – Analysis - 24-04-2020

Economies.com
2020-04-24 02:51AM UTC

Silver price confirmed breaching 15.08 level after closing the daily candlestick above it, to head towards achieving expected gains in the upcoming sessions, waiting to visit 16.00 as a next main station.

 

Stochastic approaches the oversold areas to support the positive overview, noting that breaking 15.08 will stop the positive scenario and forces the price to decline again.

 

The expected trading range for today is between 15.00 support and 15.50 resistance.

 

The expected trend for today: Bullish

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