Silver price continues to provide the calm negative trades, on its way to test 16.56 level, and as long as the price is above this level, our bullish overview will remain valid, supported by the EMA50, noting that breaching 17.43 is required to push the price towards 18.30 that represents our next main target.
Expected trading range for today is between 16.80 support and 17.43 resistance.
Expected trend for today: Bullish