Silver price starts declining – Analysis - 04-04-2019

Economies.com
2019-04-04 04:15AM UTC

Silver price approached 15.22 level yesterday and started to provide negative trades from there, to keep the bearish trend valid for the upcoming period, supported by the EMA50 that meets the mentioned level to add more strength to it, waiting to head towards 14.73 that represents our next main target.

 

We should note that breaching 15.22 and holding above it will stop the expected decline and push the price to achieve new gains that start at 15.62.

 

The expected trading range for today is between 14.90 support and 15.25 resistance.

 

The expected trend for today: Bearish

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