Silver tests the support – Analysis - 21-11-2018

Economies.com
2018-11-21 05:12AM UTC

Silver price tests 14.25 support line and still above it, while stochastic prepares to provide positive overlapping signal now, waiting to motivate the price to resume the intraday bullish trend, which targets testing 14.73 level before turning back to decline again.

 

We remind you that breaking 14.25 will stop the expected rise and push the price to resume the main bearish trend again without the need to the suggested rise.

 

Expected trading range for today is between 14.20 support and 14.55 resistance.

 

Expected trend for today: Bullish

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