Silver price surpasses the resistance – Analysis - 09-07-2020
Economies.com
2020-07-09 04:02AM UTC
Silver price succeeded to breach 18.38 level, to open the way to achieve more gains on the intraday and short term basis, waiting to visit 18.93 level that represents our next positive target, noting that the EMA50 continues to support the bullish wave.
Therefore, we will be waiting for more rise today, but it is important to note that the continuation of the bullish wave requires holding above 18.38 and the most important above 18.05.
The expected trading range for today is between 18.55 support and 18.90 resistance.
The expected trend for today: Bullish
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