Silver price presses on the support – Analysis - 02-07-2019

Economies.com
2019-07-02 04:48AM UTC

Silver price trades negatively to press on the key support 15.10, and as we mentioned yesterday, breaking this level will press on the price to achieve more decline and head towards 14.73 areas mainly.

 

But until now, our neutrality still active until the price confirms breaking the above mentioned support or breaching 15.30 resistance, reminding you that breaching this resistance will lead the price to resume the bullish track that its next target located at 15.62.

 

The expected trading range for today is between 15.00 support and 15.40 resistance.

 

The expected trend for today: Neutral

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