Silver price tests the resistance – Analysis - 14-09-2018
Economies.com
2018-09-14 03:54AM UTC
Silver price traded positively yesterday to test the bearish channel’s resistance that appears on the chart and keeps its stability below it, which keeps the bearish trend scenario active until now, waiting to rebound bearishly to head towards 13.40 level that represents our next main target.
On the other hand, we should note that breaching 14.35 will stop the expected decline and lead the price to start bullish correction on the intraday and short term basis.
Expected trading range for today is between 13.90 support and 14.40 resistance.
Expected trend for today: Bearish
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