Silver price loses momentum – Analysis - 19-10-2018
Economies.com
2018-10-19 04:01AM UTC
Silver price hovers around the EMA50, noticing that stochastic loses its positive momentum clearly now, to support the chances of resuming the expected bearish trend on the intraday and short term basis, which targets 13.93 level as a next main station.
We should note that breaching 14.85 will complete forming bullish pattern that has the ability to turn the intraday and short term track to rise.
Expected trading range for today is between 14.30 support and 14.75 resistance.
Expected trend for today: Bearish
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