Silver price tests the support – Analysis - 25-09-2019

Economies.com
2019-09-25 05:02AM UTC

Silver price tested 18.40 level yesterday and kept its stability above it, which keeps the bullish trend scenario active until now, supported by the EMA50, besides the positive signal provided by stochastic, waiting to head towards 18.80 followed by 19.65 levels that represent our next main targets.

 

We should note that breaking 18.40 will stop the expected rise and press on the price to return to the correctional bearish track again.

 

The expected trading range for today is between 18.40 support and 18.80 resistance.

 

The expected trend for today: Bullish

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