Silver price under the negative pressure – Analysis - 15-04-2019
Economies.com
2019-04-15 04:27AM UTC
Silver price resumes its negative trades after approaching the bearish channel’s resistance that appears on the chart, supported by the negative pressure formed by the EMA50, to continue moving towards our main waited target at 14.73, waiting for more decline in the upcoming sessions.
Note that surpassing the targeted level will push the price to head towards 14.50 as a next main station, while the continuation of the expected decline depends on the price stability below 15.22.
The expected trading range for today is between 14.73 support and 15.10 resistance.
The expected trend for today: Bearish
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