Silver price hits the second target – Analysis - 09-09-2019

Economies.com
2019-09-09 04:42AM UTC

Silver price succeeded to achieve the second waited target at 18.00 and settles there, starting today with bearish bias to hint the continuation of the bearish bias in the upcoming sessions, expecting to test 17.65 as a next negative target.

 

Therefore, the bearish trend will remain expected for today, noting that breaching 18.60 represents good positive key that supports the chances of stopping the expected decline and return to the main bullish trend again.

 

The expected trading range for today is between 17.70 support and 18.30 resistance.

 

The expected trend for today: Bearish

 

 

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