Midday update for Silver 16-08-2019
Economies.com
2019-08-16 10:33AM UTC
Silver price finds difficulty to surpass 17.30 level, to show negative trades now on its way for a potential test to the EMA50, noting that the price still within the bullish channel, supported by the EMA50, to keep the bullish trend scenario valid conditioned by the price stability above 16.50, reminding you that our next main target extends to 18.45.
The expected trading range for today is between 17.00 support and 17.50 resistance.
The expected trend for today: Bullish
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