Silver price resumes rising – Analysis - 19-06-2019

2019-06-19 04:37:11 GMT (Economies.com)
Silver price resumes rising – Analysis - 19-06-2019
 

Silver price achieved some gains yesterday to settle around 15.00 barrier, and the price continues to move inside the bullish channel that appears on the chart, supported by the EMA50, waiting for more rise in the upcoming sessions, which targets testing 15.23 level as a next station.

 

Therefore, the bullish trend will remain valid conditioned by the price stability above 14.73, noting that surpassing the targeted level will extend the bullish wave to reach 15.62 on the near term basis.

 

The expected trading range for today is between 14.85 support and 15.15 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1256
-0.0017
0.1512%
1.2498
-0.0077
0.6135%
15.436
0.218
1.433%
59.462
-0.870
1.442%
66.45
-0.03
0.05%
1413.910
-1.585
0.112%
 
 
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