Silver price continues to fluctuate near the bullish channel’s support that appears in the image, while the EMA50 continues to protect the trading within this channel, so our bullish trend expectations will remain active for the rest of the day, and its main targets begin at 18.30 and extend to 19.38.
Holding above 17.90 represents an important condition for the continuation of the expected rise for today, while holding above 17.43 required for the continuation of the bullish wave on the short term basis.
Expected trading range for today is between 17.80 support and 18.30 resistance.
Expected trend for today: Bullish