Commodities

Silver price awaits the break – Analysis - 12-02-2019

2019-02-12 05:16:12 GMT (Economies.com)

Silver price settles near 15.62 level, waiting to break this level to confirm extending the bearish wave towards 15.22 as a next main station.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 16.00 level and hold with a daily close above it.

 

The expected trading range for today is between 15.40 support and 15.90 resistance.

 

The expected trend for today: Bearish

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