Silver price shows slight bullish bias now in attempt to move away from the bullish trend that appears in the above chart, while stochastic reaches the oversold levels, keeping the bullish trend scenario valid in the upcoming period, depending on the stability above 16.20 level, reminding you that our main targets begin at 16.80 and extend to 17.43.
Expected trading range for today is between 16.20 support and 16.70 resistance.
Expected trend for today: Overall Bullish