Midday update for Silver 21-02-2018

Economies.com
2018-02-21 11:08AM UTC

Silver price moves in tight track since morning settled above 16.20, therefore, there is no change on the bullish trend scenario that depends on the stability above the mentioned level, supported by stochastic approach from the oversold levels, waiting for braeching 16.80 level to confirm opening the way towards 17.43 as a next main target.

 

Expected trading range for today is between 16.20 support and 16.70 resistance.

 

Expected trend for today: Overall Bullish

 

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