Silver price shows sideways and tight trading since morning settle above 16.00 barrier, to keep the bullish trend scenario valid without any change for today, waiting for testing 16.56 level initially, reminding you that breaching this level will push the price to 17.43 as a next main station, while we will keep preferring the bullish trend unless breaking 15.49 level and holding below it.
Expected trading range for today is between 16.00 support and 16.56 resistance.
Expected trend for today: Bullish