Commodities

Midday update for Silver 11-02-2019

2019-02-11 10:30:13 GMT (Economies.com)

Silver price shows more bearish bias to approach 15.62 level, which breaking it represents the key to rally towards 15.22 that represents the next main target, to keep our bearish overview valid for today conditioned by the price stability below 16.00, noting that the EMA50 and stochastic support the expected decline.

 

The expected trading range for today is between 15.40 support and 15.90 resistance.

 

The expected trend for today: Bearish

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