Silver price within tight track – Analysis - 02-04-2020

Economies.com
2020-04-02 04:52AM UTC

The tight range dominates Silver price trades, settling below 14.17, which keeps the bearish trend scenario valid as it is without any change, supported by the negative pressure formed by the EMA50, waiting to head towards 13.05 as a next main target, noting that breaching 14.17 will push the price to achieve intraday gains that reach 15.08 initially.

 

The expected trading range for today is between 13.50 support and 14.30 resistance.

 

The expected trend for today: Bearish

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