Silver price shows some slight bullish bias that hints the attempt to resume the main bullish trend, supported by stochastic approach from the oversold areas, to keep the bullish trend scenario valid and active for today, waiting to breach 18.30 level to confirm extending the bullish wave towards 19.38.
The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 17.43.
Expected trading range for today is between 17.75 support and 18.00 resistance.
Expected trend for today: Bullish