Silver price tests the resistance – Analysis - 28-08-2018
Economies.com
2018-08-28 04:22AM UTC
Silver price tested the bearish channel’s resistance and begins providing slight bearish rebound signals now, while stochastic keeps providing the negative signals, to keep the bearish trend suggested in the upcoming sessions, waiting to head towards our main waited target at 13.95.
Note that breaking 14.45 will ease the mission of achieving our above mentioned target, while holding below 15.00 represents key condition to continue the expected decline.
Expected trading range for today is between 14.55 support and 15.00 resistance.
Expected trend for today: Bearish
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