Silver within tight track – Analysis - 04-01-2018
Economies.com
2018-01-04 05:14AM UTC
Silver price shows sideways and tight trades, settling around 17.00 level, and the price is affected by stochastic negativity that blocks the attempts to rise, while the EMA50 continues to provide the positive support to the price.
Therefore, we will continue to suggest the overall bullish trend conditioned by holding above 16.55, reminding you that breaching 17.43 will open the way to achieve more positive targets that reach 18.30 on the near term basis.
Expected trading range for today is between 16.85 support and 17.30 resistance.
Expected trend for today: Bullish
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