Silver price breaches the resistance – Analysis - 26-09-2018

Economies.com
2018-09-26 03:54AM UTC

Silver price rallied upwards yesterday to breach 14.30 level and settles above it, which pushes the price to resume the correctional bullish wave, which its first target located at 14.73, making the bullish trend suggested in the upcoming sessions, supported by moving above the EMA50.

 

Note that breaking 14.30 and trading below it again will push the price back to the main bearish track that its first target located at 13.93.

 

Expected trading range for today is between 14.30 support and 14.73 resistance.

 

Expected trend for today: Bullish

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