Silver price needs a negative motive – Analysis - 08-03-2019
Economies.com
2019-03-08 05:11AM UTC
Silver price continues to fluctuate around 15.00 level, providing calm negative trades, while the EMA50 keeps pressing negatively on the price, which supports our expectations of continuing the bearish trend on the intraday and short term basis, targeting 14.73 level as a next main station, reminding you that holding below 15.22 represents key condition to continue the expected decline.
The expected trading range for today is between 14.80 support and 15.20 resistance.
The expected trend for today: Bearish
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