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Silver Technical analysis: the chances of going down today for a bearish correction

29 Oct 2018 02:41 PM

The price of silver is likely to fall today, with stability above 14.73, the price could not achieve a daily close above this level, which may be the reason for the correction today. However, the correction will depend on the ability of the price to trade below 14.37, trading below this level is important to prove the extension of the bearish trend.

But from the top, a break of 14.80 will fail the downside.Therefore, we think it is good to sell silver below 14.65 with a two-time profit at 14.45 and 14.33 and a stop loss above 14.80.

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