Midday update for Silver 16-10-2018
Economies.com
2018-10-16 09:40AM UTC
Silver price shows new test to the first key resistance 14.73, which urges caution from the upcoming trading, as breaching this level followed by 14.85 will complete forming a positive pattern that will turn the intraday track to rise, targeting testing 15.22 level initially.
Until now, we will continue to suggest the bearish trend conditioned by the price stability below the above mentioned resistance levels, reminding you that our next target is located at 13.93.
Expected trading range for today is between 14.40 support and 14.85 resistance.
Expected trend for today: Bearish
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