Silver price is stable – Analysis - 20-01-2020

Economies.com
2020-01-20 05:57AM UTC

Silver price continues to fluctuate around 18.00 level, noticing that stochastic gets rid of its negative momentum to approach the oversold areas, waiting to get enough positive motive to push the price to resume the intraday bullish trend.

 

Therefore, we will keep our bullish overview unless breaking 17.90 level and holding below it, reminding you that our main waited target is located at 18.38.

 

The expected trading range for today is between 17.90 support and 18.30 resistance.

 

The expected trend for today: Bullish

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