Midday update for Silver 20-02-2018

Silver price pushes negatively on the critical support at 16.56 affected by stochastic negativity, in its way to test the most important support at 16.15, as we mentioned in our last reports, holding above the last level will keep the bullish trend scenario active, waiting for surpassing 16.80 level to make the price get rid of the negative pressure and head to our initial target at 17.43.

Expected trading range for today is between 16.45 support and 16.80 resistance.

Expected trend for today: Bullish