Silver price affected by the negative momentum – Analysis - 21-08-2019
Economies.com
2019-08-21 04:53AM UTC
Silver price shows some slight bearish bias now affected by stochastic negativity, but its still within the bullish channel that appears on the chart, to keep the bullish trend valid until now, waiting to breach 17.30 to confirm rallying towards 18.45 that represents our next main target.
We should note that the continuation of the expected bullish trend depends on the price stability above 16.75 and the most important above 16.50.
The expected trading range for today is between 16.90 support and 17.30 resistance.
The expected trend for today: Bullish
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