Midday update for Silver 03-10-2016

Silver price still confined between the next trend keys represented by 19.00 support and 19.38 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, especially that there is a contradiction between stochastic positivity and the EMA50 negativity.

Therefore, we will continue with our neutrality until we get clearer signal for the next trend, and to review the expected targets after the breach, please check our morning report.

Expected trading range for today is between 18.80 support and 19.60 resistance.

Expected trend for today: Depends on the above mentioned levels