Silver recovers – Analysis - 03-12-2018

Economies.com
2018-12-03 05:23AM UTC

Silver price attempted to break 14.15 level in the previous sessions but it bounces bullishly to settle above the EMA50, and it gets positive support by stochastic, which supports the continuation of our bullish overview in the upcoming sessions, waiting to test 14.73 level mainly.

 

We remind you that breaching the targeted level will push the price towards 15.22 level as a next positive station, while the expected rise will remain valid unless breaking 13.93 level and holding below it.

 

Expected trading range for today is between 14.20 support and 14.60 resistance.

 

Expected trend for today: Bullish

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