Silver tests the resistance – Analysis - 12-12-2018

Economies.com
2018-12-12 05:20AM UTC

Silver price tested the key resistance 14.73 and kept its stability below it, which keeps our bearish overview valid for the upcoming period, and the price needs to break 14.45 level to ease the mission of heading towards our next main target at 13.93.

 

We should note that breaching the mentioned resistance will push the price to target 15.22 level direct.

 

Expected trading range for today is between 14.30 support and 14.73 resistance.

 

Expected trend for today: Bearish

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