Silver : Technical View : 20.11.2019
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On the daily chart, the price erased it’s entire
fall and closed with positive note with the gain
of 0.19%.
Moreover, the price has pulled back from the lower Bollinger Band, which adds support in the counter.
Furthermore, the price has taken the support of the Rising Trendline, which signifies bullish strength in the counter.
Momentum indicators MACD has been moving with positive crossover.
As per the above technical structure; we expect bullish move in the counter.
Moreover, the price has pulled back from the lower Bollinger Band, which adds support in the counter.
Furthermore, the price has taken the support of the Rising Trendline, which signifies bullish strength in the counter.
Momentum indicators MACD has been moving with positive crossover.
As per the above technical structure; we expect bullish move in the counter.