Silver price surpasses the minor resistance – Analysis - 16-01-2020

Economies.com
2020-01-16 05:41AM UTC

Silver price breached 17.90 level and settled above it, which turns the intraday track to rise, on its way to visit 18.38 level as a next positive station.

 

Therefore, the bullish bias will be suggested for today unless breaking 17.90 level and holding below it again, noting that breaching the targeted level will extend the bullish wave on the short term and medium term basis.

 

The expected trading range for today is between 17.70 support and 18.15 resistance.

 

The expected trend for today: Bullish

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