Silver price resumes the decline – Analysis - 12-04-2019
Economies.com
2019-04-12 04:08AM UTC
Silver price provided strong negative trading yesterday to attack 15.00$ barrier and settles below it, reinforcing the expectations of achieving more decline on the intraday basis, and there’re no obstacles against achieving our main waited target at 14.73, noting that the EMA50 forms negative pressure to support the expectations to decline.
Therefore, we will continue to suggest the bearish trend for the upcoming sessions unless breaching 15.22 followed by 15.35 levels and holding above them.
The expected trading range for today is between 14.73 support and 15.15 resistance.
The expected trend for today: Bearish
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