Silver price tests the support – Analysis - 21-02-2019
Economies.com
2019-02-21 05:17AM UTC
Silver price tests the key support base 16.00 now and keeps its stability above it, accompanied by stochastic reach to the oversold areas, while the EMA50 provides continuous positive support to the price.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions, which targets 16.50 level as a next station, while achieving it conditions holding above 16.00.
The expected trading range for today is between 15.90 support and 16.20 resistance.
The expected trend for today: Bullish
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