Silver price hits the target – Analysis - 03-01-2019

2019-01-03 05:25:01 GMT (Economies.com)
Silver price hits the target – Analysis - 03-01-2019
 

Silver price succeeded to reach our waited target at 15.65 and settles near it, noticing that Stochastic continues to provide the positive signals, while the EMA50 keeps carrying the price from below.

 

Therefore, these factors support the chances of breaching the mentioned level and extend the correctional bullish wave to reach 16.00, waiting for more rise in the upcoming sessions unless breaking 15.22 level and holding below it.

 

Expected trading range for today is between 15.40 support and 15.80 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1293
0.0075
0.6650%
1.2706
0.0123
0.9775%
15.454
0.586
3.941%
57.407
4.898
9.328%
64.44
2.57
4.15%
1389.150
47.870
3.569%
 
 
Live Forex Updates