Silver price breaches the resistance – Analysis - 04-06-2019

Economies.com
2019-06-04 00:40AM UTC

Silver price breached 14.73 level clearly and closed the daily candlestick above it, which turns the intraday and short term track to rise, on its way to achieve gains that we expect to reach 15.25 mainly.

 

Therefore, the bullish bias will be suggested in the upcoming sessions suppored by moving above the EMA50, unless breaking 14.73 level and holding below it again.

 

The expected trading range for today is between 14.60 support and 15.00 resistance.

 

The expected trend for today: Bullish

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