Silver price gets a negative signal – Analysis - 30-08-2018
Economies.com
2018-08-30 04:21AM UTC
Silver price keeps its stability below the main bearish channel’s resistance, falling under continuous negative pressure that comes by the EMA50, while stochastic begins to provide negative overlapping signal now.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming period, which its targets begin by breaking 14.50 level to open the way to head towards 13.85, reminding you that holding below 15.00 is important to achieve the suggested targets.
Expected trading range for today is between 14.40 support and 14.90 resistance.
Expected trend for today: Bearish
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