Silver price breaches the resistance – Analysis - 15-08-2019
Economies.com
2019-08-15 03:47AM UTC
Silver price rallied upwards clearly yesterday to manage to breach 17.30 level, starting today with more positivity to settle above the mentioned level, to support the expected positive scenario on the intraday and short term basis, paving the way to head towards our next main target that reaches 18.45.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions, noting that failing to hold above 17.30 might force the price to visit 16.50 areas before any new attempt to rise.
The expected trading range for today is between 17.00 support and 17.60 resistance.
The expected trend for today: Bullish
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