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Silver price reaches the target – Analysis - 18-07-2018
Silver price managed to reach our main waited target at 15.49 and settles near it, noticing that the price moves inside a bearish channel that appears on the chart, which supports the chances of breaking the mentioned level and extend the bearish wave on the intraday and short term basis.
Therefore, the bearish trend will remain suggested in the upcoming sessions conditioned by the price stability below 15.80 level, noting that our next targets reach 15.15 followed by 14.77.
Expected trading range for today is between 15.30 support and 15.80 resistance.
Expected trend for today: Bearish
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Gold price confirms the break – Analysis - 18-07-2018
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