Midday update for Silver 27-07-2018

Economies.com
2018-07-27 10:55AM UTC

Silver price shows calm negative trading, organized inside the bearish channel that appears on the chart, getting good negative motive through the negative overlapping signal provided by stochastic, to keep the bearish trend scenario valid for today, which targets 14.77 level as a next station, noting that holding below 15.50 is important to continue the suggested decline.

 

Expected trading range for today is between 15.10 support and 15.60 resistance.

 

Expected trend for today: Bearish

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