Midday update for Silver 12-01-2017
Economies.com
2017-01-12 11:11AM UTC
Silver price shows more of the bullish bias to approach from the bearish channel’s resistance level at 17.10, the price needs to breach this level to confirm the continuation of the bullish wave towards our next target at 17.43.
Therefore, we will keep preferring the bullish trend for the rest of the day unless breaking 16.56 level and holding below it.
Expected trading range for today is between 16.60 support and 17.15 resistance.
Expected trend for today: Bullish
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