Midday update for Silver 13-08-2019

Economies.com
2019-08-13 09:08AM UTC

Silver price managed to breach 17.30 level and settles above it now, which supports the continuation of our bullish overview efficiently for the rest of the day, targeting 18.45 level as a next main station, getting continuous positive support by the EMA50, while holding above 17.30 represents the first condition to continue the expected rise.

 

The expected trading range for today is between 17.10 support and 17.60 resistance.

 

The expected trend for today: Bullish

 

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