Silver price gets a positive close – Analysis - 25-07-2019
Economies.com
2019-07-25 06:23AM UTC
Despite Silver price’s negative start today, yesterday’s close supports our expectations of continuing the bullish trend on the intraday and short term basis, as the price managed to close the daily candlestick above 16.50, waiting to resume the bullish bias that targets 17.30 areas mianly.
We should note that failing to return to trade above the first level might force the price to decline to test 16.00 areas before any new attempt to rise.
The expected trading range for today is between 16.30 support and 16.70 resistance.
The expected trend for today: Bullish
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