Midday update for Silver 17-10-2019
Economies.com
2019-10-17 09:38AM UTC
Silver price provides positive trading now in its way for a potential test to 17.60 level, and as we mentioned this morning, the price needs to settle below this level, to keep the bearish trend scenario active for today, supported by stochastic reach to the overbought levels, waiting for bouncing lower to visit 16.96 level that represents our next main target.
The expected trading range for today is between 17.00 support and 17.55 resistance.
The expected trend for today: Bearish
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