Silver price breaches the resistance – Analysis - 11-07-2019
Economies.com
2019-07-11 04:25AM UTC
Silver price breached 15.23 level clearly and settled above it, noticing that the price completed forming bullish flag pattern after breaching the minor bearish channel’s resistance that appears on the chart, which forms positive motive that we expect to push the price to achieve more gains in the upcoming sessions, as the next positive target is located at 15.62.
Therefore, the bullish trend will be expected for today unless breaking 15.23 level and holding below it again.
The expected trading range for today is between 15.10 support and 15.50 resistance.
The expected trend for today: Bullish
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