Silver – Pre-closing update – 02/09/2014

Economies.com
2014-09-02 20:01PM UTC

Silver price continues to trade negatively to move below the previously breached falling wedge’s resistance and offers negative signals to stop the positive effect of this pattern.

 

Now, we need to monitor the daily candlestick according to 19.20 level to confirm the next trend, as holding below it will lead the price towards 18.60 as a next main station.

 

Expected trading range for today is between: 19.00 support and 20.30 resistance.

 

Expected trend for today: Bullish

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