Silver price is stable below the broken support – Analysis - 24-01-2019
Economies.com
2019-01-24 05:12AM UTC
Silver price keeps its stability below the broken bullish trend line, and the EMA50 continues to form negative pressure against the price, which supports the continuation of our bearish overview for the upcoming period, and the price needs to break 15.22 level to confirm heading towards 15.00 followed by 14.73 levels that represent our next main targets.
Note that breaching 15.45 will push the price to test 15.62 level before any new attempt to decline.
Expected trading range for today is between 15.10 support and 15.50 resistance.
Expected trend for today: Bearish
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