Silver price keeps its positive stability – Analysis - 07-01-2019

Economies.com
2019-01-07 05:24AM UTC

Silver price tested 15.62 level and bounced bullishly from there, to keep the bullish trend valid until now, supported by the EMA50 that keeps carrying the price from below, besides the positive signal provided by stochastic now.

 

Our next target is located at 16.00, while holding above 15.62 represents key condition to achieve it.

 

Expected trading range for today is between 15.60 support and 16.00 resistance.

 

Expected trend for today: Bullish

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