Silver price keeps its positive stability – Analysis - 02-08-2019
Economies.com
2019-08-02 04:56AM UTC
Silver price kept its stability above 16.00 after testing it yesterday, which keeps the overall positive scenario valid for the upcoming period, supported by stochastic approach to the oversold areas, waiting to resume the bullish trend that its targets begin by breaching 16.50 to open the way to head towards 17.30.
The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 16.00.
The expected trading range for today is between 16.00 support and 16.50 resistance.
The expected trend for today: Bullish
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