Silver price resumes the decline – Analysis - 17-09-2018
Economies.com
2018-09-17 03:53AM UTC
Silver price provided negative trades after testing the bearish channel’s resistance that appears on the chart, as the EMA50 meets this resistance to add more strength to it, reinforcing the expectations of continuing the bearish trend in the upcoming period, which targets 13.30 areas mainly.
We should note that breaching 14.30 will stop the suggested decline and lead the price to start bullish correction on the intraday basis.
Expected trading range for today is between 13.80 support and 14.30 resistance.
Expected trend for today: Bearish
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