Midday update for Silver 24-04-2019

Economies.com
2019-04-24 09:43AM UTC

Silver price provides positive trades now after reaching the key support 14.73, affected by stochastic positivity, and it might test the bearish channel’s resistance at 15.00 before resuming the bearish bias again.

 

In general, we will keep our bearish overview conditioned by the price stability below 15.00 and 15.22 levels, reminding you that breaking 14.73 will press on the price to head towards 14.50 as a next target.

 

The expected trading range for today is between 14.50 support and 14.90 resistance.

 

The expected trend for today: Bearish

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