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Daily analysis of Silver for January 25, 2018

Posted On 25 Jan 2018
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SILVERH4.png

Overview

Silver price is fluctuating at 17.43 now. As long as the price is above this level, the bullish trend will remain dominant in the upcoming sessions. Breaking it will put the price under the negative pressure again. The price may visit areas that start at 16.75 before any new attempt to rise. The EMA50 and stochastic continue to provide the positive support to the price with the next target located at 18.30. The expected trading range for today is between 17.50 support and 17.80 resistance.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Daily analysis of Silver for January 25, 2018

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