Silver price breaks the support – Analysis - 29-03-2019
Economies.com
2019-03-29 05:31AM UTC
Silver price broke 15.22 level strongly and settled below it, which turns the intraday track to the downside, targeting heading towards 14.73 level as a next main station.
Therefore, we expect the continuation of the bearish bias in the upcoming sessions supported by moving below the EMA50, noting that breaching 15.22 level and holding above it again will reactivate the bullish trend scenario that its first target located at 15.62.
The expected trading range for today is between 14.73 support and 15.22 resistance.
The expected trend for today: Bearish
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