Silver resumes rising – Analysis - 20-11-2017
Economies.com
2017-11-20 04:35AM UTC
Silver price succeeded to reach our first waited target at 17.43, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, waiting to breach this level to confirm extending the bullish wave towards 18.30, noting that the EMA50 provides the positive support to the price.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions, conditioned by the price stability above 16.56.
Expected trading range for today is between 17.00 support and 17.43 resistance.
Expected trend for today: Bullish
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