Silver price keeps crawling upwards to approach from 16.56 level, being aware that it is important to monitor the price behavior when reaching this level, due to having negative factors that might make the breaching mission harded followed by heading to achieve more positive targets, these factors represented by the pressure formed by the EMA50 besides stochastic negativity.
Until now, the bullish trend will remain suggested for the rest of the day as long as 15.49 level remains intact.
Expected trading range for today is between 16.20 support and 16.60 resistance.
Expected trend for today: Bullish