Silver price gets a negative signal – Analysis - 17-09-2019
Economies.com
2019-09-17 05:07AM UTC
Silver price fluctuates around 17.85 level since yesterday, noticing that stochastic begins to provide negative signals now, which supports the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by breaking 17.60 to confirm the extension of the correctional bearish wave towards 16.95.
The EMA50 supports the expected decline, which will remain valid unless breaching 18.05 followed by 18.40 levels and holding above them.
The expected trading range for today is between 17.60 support and 18.00 resistance.
The expected trend for today: Bearish
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