Silver still inside the channel – Analysis - 23/07/2014
Economies.com
2014-07-23 00:06AM UTC
Silver price didn’t show any strong move since days, to remain stable within the bullish channel that appears in the image, waiting for resuming the intraday bullish trend which gets support from the EMA50, and its main targets begin at 22.25 then 23.05.
Holding above 20.35 is a main condition for the continuation of the suggested rise.
Expected trading range for today is between: 20.50 support and 22.25 resistance.
Expected trend for today: Bullish
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