Silver needs a positive motive – Analysis - 05-01-2018

Economies.com
2018-01-05 05:02AM UTC

Silver price provided calm negative trades yesterday in attempt to approach our first waited target at 17.43, to keep the bullish trend scenario valid as it is without any change, waiting to breach this level to confirm extending the bullish wave towards 18.30, reminding you that holding above 16.55 represents the most important condition to continue the suggested rise.

 

Expected trading range for today is between 17.00 support and 17.42 resistance.

 

Expected trend for today: Bullish

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