Midday update for Silver 17-02-2017

Economies.com
2017-02-17 11:24AM UTC

Silver price did not show any strong move since morning, to continue fluctuating around 18.00 level settling above it, while stochastic attempts to get rid of its negativity and gain enough positive momentum to push trading to continue rising.

 

Therefore, we will continue to suggest the bullish trend in the upcoming period unless breaking 17.80 followed by 17.43 levels, reminding you that our main targets begin at 18.30 and extend to 19.38.

 

Expected trading range for today is between 17.80 support and 18.40 resistance.

 

Expected trend for today: Bullish

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