Silver price hits the target – Analysis - 04-03-2019
Economies.com
2019-03-04 05:30AM UTC
Silver price succeeded to achieve our second waited target at 15.22 and settles around it now, noticing that the price closed the last daily candlestick below this level, which hints that the price is on its way to achieve more decline in the upcoming period, as the next target reaches 14.73.
Therefore, we expect witnessing more negative trades on the intraday basis, noting that breaching 15.62 will stop the expected negative pressure and push the price to rise again.
The expected trading range for today is between 15.00 support and 15.40 resistance.
The expected trend for today: Bearish
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