Silver price gathers the positive momentum – Analysis - 30-07-2019

Economies.com
2019-07-30 04:31AM UTC

Silver price continues to fluctuate within sideways track, while stochastic keeps gaining the positive momentum on the daily time frame, which supports the expectations of continuing the main bullish trend, which depends on the completion of the double bottom pattern, as it conditions the price stability above 16.00, while its main targets begin by breaching 16.50 to open the way to visit 17.30 as a next main station.

 

The expected trading range for today is between 16.30 support and 16.60 resistance.

 

The expected trend for today: Bullish

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