Silver price needs positive motive – Analysis - 22-08-2019
Economies.com
2019-08-22 04:37AM UTC
Silver price settled above the EMA50, and the price needs to get enough positive momentum to push trades to resume the main bullish trend, which targets 17.30 level initially, reminding you that breacing this level will push the price to 18.45 on the near term basis.
In general, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 16.75 followed by 16.50 levels and holding below them.
The expected trading range for today is between 16.80 support and 17.30 resistance.
The expected trend for today: Bullish
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