Silver price hovers near 16.00 level since morning, waiting for getting enough extra positive momentum to push the price to continue the rise in the upcoming sessions, targeting testing 16.56 level initially.
In general, we will keep preferring the bullish trend for today unless breaking 15.49 and holding below it.
Expected trading range for today is between 15.80 support and 16.30 resistance.
Expected trend for today: Bullish