Silver rises calmly – Analysis - 19-11-2018

Economies.com
2018-11-19 05:04AM UTC

Silver price shows calm positive trades after confirming breaching 14.25 level, on its way to test 14.73 level mainly, reminding you that we are waiting a bearish rebound after touching the mentioned level unless breaching this level and holding above it, which will extend the bearish wave on the short term basis to target 15.22 areas mainly.

 

Note that breaking 14.25 will push the price to return to the main bearish track again, which its first main target located at 13.93.

 

Expected trading range for today is between 14.25 support and 14.55 resistance.

 

Expected trend for today: Bullish

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