Silver price resumes rising – Analysis - 08-07-2020
Economies.com
2020-07-08 04:32AM UTC
Silver price bounced bullishly after leaning on the EMA50 yesterday, to start testing 18.38 level, waiting to surpass this level to open the way to head towards our next expected target at 18.93.
The EMA50 continues to support the price from below, reinforcing the chances of continuing the expected rise, which will remain valid unless breaking 17.90 level and holding below it.
The expected trading range for today is between 18.10 support and 18.60 resistance.
The expected trend for today: Bullish
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