Silver price attacks the support – Analysis - 26-06-2019

Economies.com
2019-06-26 04:36AM UTC

Silver price trades with clear negativity by today’s opening to attack 15.23 level and moves below it now, witnessing signs of double top pattern that appears on the chart, which hints the price head to achieve more expected decline in the upcoming sessions.

 

Therefore, we suggest the continuation of the bearish bias for today unless the price managed to trade above 15.23 level again, noting that the expected negative targets begin at 15.00 and extend to 14.73.

 

The expected trading range for today is between 14.95 support and 15.30 resistance.

 

The expected trend for today: Bearish

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