Silver price tests the resistance – Analysis - 25-02-2019
Economies.com
2019-02-25 05:15AM UTC
Silver price continues to crawl positively to approach the key resistance 16.00, accompanied by stochastic reach to the overbought areas, waiting to assist to push the price to resume the expected bearish bias on the intraday basis, which its main target located at 15.62.
Note that breaching 16.00 will lead the price to return to the bullish track that its next target located at 16.50.
The expected trading range for today is between 15.70 support and 16.10 resistance.
The expected trend for today: Bearish
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