Midday update for Silver 23-10-2018
Economies.com
2018-10-23 09:33AM UTC
Silver price trades with clear positivity to test the first resistance 14.73, as the price is affected by stochastic positivity, but as long as the price is below 14.85, the bearish trend scenario will remain active for today, as breaching this level will complete forming an inverted head and shoulders’ pattern that has the ability to turn the intraday and short term track to rise, while our next negative is located at 13.93.
Expected trading range for today is between 14.25 support and 14.70 resistance.
Expected trend for today: Bearish
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