Silver price tests the support – Analysis - 27-03-2019
Economies.com
2019-03-27 05:28AM UTC
Silver price tests the intraday bullish channel’s support line and keeps its stability above it, accompanied by witnessing clear positive signals through stochastic, while the EMA50 keeps supporting the price from below.
Therefore, we believe that the chances are valid to trade positively in the upcoming sessions, and the expected targets begin at 15.62 and extend to 16.00 after breaching the previous level, noting that the continuation of the bullish wave depends on the price stability above 15.22.
The expected trading range for today is between 15.30 support and 15.62 resistance.
The expected trend for today: Bullish
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