Midday update for Silver 08-10-2018

Economies.com
2018-10-08 09:38AM UTC

Silver price begins to test the key support 14.40 now, which breaking it represents the key to rally towards our next target at 13.96.

 

In general, the bearish bias will remain dominant for today as long as the price is stable below 14.73, supported by stochastic and the EMA50 negativity.

 

Expected trading range for today is between 14.20 support and 14.65 resistance.

 

Expected trend for today: Bearish

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