Silver price gets a positive signal – Analysis - 16-09-2020
Economies.com
2020-09-16 03:45AM UTC
Silver price keeps its stability above 26.90, noticing that stochastic begins overlapping positively now, which forms positive motive that we are waiting to assist to push the price to resume the expected bullish trend for the upcoming period, which targets 28.90 followed by 29.80 levels as next main stations.
The EMA50 supports the suggested positive scenario, which will remain valid unless breaking 26.90 and holding below it.
The expected trading range for today is between 26.70 support and 28.20 resistance.
The expected trend for today: Bullish
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