Silver price tests the support – Analysis - 26-03-2020

Economies.com
2020-03-26 05:56AM UTC

Silver price begins today negatively to test 14.17 support line and still above it, thus, our bullish overview will remain active, waiting to head towards 15.08 that represents the next correctional target.

 

On the other hand, we should note that breaking 14.17 and holding below it will stop the expected rise and press on the price to resume the decline on the short term basis.

 

The expected trading range for today is between 14.00 support and 15.00 resistance.

 

The expected trend for today: Bullish

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