Silver price gathers the positive momentum – Analysis - 02-01-2019

Economies.com
2019-01-02 04:49AM UTC

Silver price shows some slight bearish bias to approach the key support 15.22, accompanied by stochastic approach to the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which depends on the price stability above the mentioned support, while its next target located at 15.65.

 

Expected trading range for today is between 15.20 support and 15.60 resistance.

 

Expected trend for today: Bullish

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