Silver tests the support – Analysis - 08-11-2018

Economies.com
2018-11-08 05:08AM UTC

Silver price begins to press on the support line that appears on the chart, waiting to break it to ease the mission of heading towards our main negative target at 13.93.

 

In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 14.73 level and holding with a daily close above it.

 

Expected trading range for today is between 14.30 support and 14.70 resistance.

 

Expected trend for today: Bearish

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