Silver price tests the resistance – Analysis - 24-12-2018

Economies.com
2018-12-24 05:24AM UTC

Silver price shows new positive attempts to test 14.73 level, but as long as the price is below 14.80 resistance, the bearish trend scenario will remain valid on the intraday and short term basis, as breaching it will push the price towards 15.22 mainly, while the next target of the expected bearish wave is located at 13.93.

 

Expected trading range for today is between 14.40 support and 14.90 resistance.

 

Expected trend for today: Bearish

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