Silver price tests the moving average – Analysis - 18-10-2018
Economies.com
2018-10-18 04:36AM UTC
Silver price bounced downwards calmly after testing 14.73 level again yesterday, to start pressing on the EMA50 that forms intraday support now at 14.55, waiting to break this level to ease the mission of heading towards our waited target at 13.93.
In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 14.73 followed by 14.85 levels and holding above them.
Expected trading range for today is between 14.30 support and 14.75 resistance.
Expected trend for today: Bearish
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