Silver price surpasses the target – Analysis - 20-05-2019

Economies.com
2019-05-20 00:49AM UTC

Silver price confirmed surpassing 14.50 level, to approach from the bearish channel’s support that appears in the image, waiting for more of the downside moves to visit 13.93 level, that represents our next main target.

 

In general, we keep preferring the bearish trend in the upcoming sessions, supported by the negative pressure that comes from the EMA50, conditioned by holding below 14.73 level.

 

The expected trading range for today is between 14.15 support and 14.55 resistance.

 

The expected trend for today: Bearish

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