Silver price surpasses the first target – Analysis - 31-01-2019
Economies.com
2019-01-31 05:16AM UTC
Silver price managed to achieve our waited target at 16.00 and attempts to breach it now, which supports the expectations of extending the bullish wave on the short term basis, which targets visiting 16.50 level as a next main station.
The EMA50 keeps supporting the suggested bullish wave, noting that the continuation of the expected rise depends on the price stability above 15.62.
Expected trading range for today is between 15.80 support and 16.25 resistance.
Expected trend for today: Bullish
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