Silver price under the negative effect – Analysis - 09-07-2019
Economies.com
2019-07-09 04:47AM UTC
Silver price returned to settle below the neckline of the double top pattern after the positive attempts that it witnessed yesterday, to keep the negative effect of this pattern active, waiting to resume the bearish bias that targets 14.73 followed by 14.50 levels as next main stations.
Therefore, we will continue to suggest the bearish bias in the upcoming sessions unless the price rallied to breach 15.23 level and hold with a daily close above it.
The expected trading range for today is between 14.80 support and 15.15 resistance.
The expected trend for today: Bearish
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