Silver price crawls downwards – Analysis - 06-03-2019

Economies.com
2019-03-06 04:45AM UTC

Silver price fluctuates around 15.00$ barrier, falling under negative pressure that comes by the EMA50, and as long as the price is below 15.22, our bearish overview will remain valid for the upcoming period, reminding you that our next target is located at 14.73.

 

Note that breaching 15.22 will push the price to test 15.62 areas again before any new attempt to decline.

 

The expected trading range for today is between 14.80 support and 15.30 resistance.

 

The expected trend for today: Bearish

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