Silver awaits the breach – Analysis - 08-01-2018
Economies.com
2018-01-08 04:55AM UTC
The tight track continues to dominate Silver price trades, which moves around 17.20 level, thus, no change to the bullish trend scenario that depends on holding above 16.55 level, supported by the EMA50 that carries the price from below, noting that our main targets begin by breaching 17.43 level to confirm opening the way to head towards 18.30 as a next main station.
Expected trading range for today is between 17.00 support and 17.42 resistance.
Expected trend for today: Bullish
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