Silver price breaks the support – Analysis - 16-09-2019
Economies.com
2019-09-16 04:54AM UTC
Silver price traded with a strong negativity in last Friday to break the bullish channel’s support and settles below it, to provide signals for heading to make more of the bearish correction, where breaking 17.60 represents a confirmation key for rally towards 16.95 as a next main station.
Therefore, the bearish bias will be preferred in the upcoming sessions unless breaching 18.05 then 18.40 levels and holding above them.
The expected trading range for today is between 17.60 support and 18.10 resistance.
The expected trend for today: Bearish
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