Silver price under the negative pressure – Analysis - 14-01-2019

Economies.com
2019-01-14 04:59AM UTC

Silver price tests the key support 15.55 and still above it until now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the bullish bias that targets visiting 16.00 mainly.

 

In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 15.55 – 15.50 levels.

 

Expected trading range for today is between 15.40 support and 15.80 resistance.

 

Expected trend for today: Bullish

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