Silver price begins positively – Analysis - 13-07-2020

Economies.com
2020-07-13 04:20AM UTC

Silver price opens today’s trading with new bullish bias to approach 19.00$ barrier, reinforcing the expectations of continuing the bullish trend, organized inside the main bullish channel that appears on the chart, waiting to visit 19.64 that represents our next main target.

 

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 18.35 level and holding with a daily close below it.

 

The expected trading range for today is between 18.70 support and 19.20 resistance.

 

The expected trend for today: Bullish

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