Silver price rises slowly – Analysis - 21-01-2020

Economies.com
2020-01-21 05:39AM UTC

Silver price shows slight positive trades to crawl gradually towards our waited target at 18.38, to keep the bullish trend scenario valid for today, supported by the EMA50, noting that breaching the mentioned level will extend silver price gains to reach 19.00 as a next main target, while holding above 17.90 represents key condition to continue the expected rise.

 

The expected trading range for today is between 18.00 support and 18.40 resistance.

 

The expected trend for today: Bullish

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