Midday update for Silver 24-03-2017
Economies.com
2017-03-24 11:11AM UTC
The tight range continues to control Silver price’s trading since morning, which keeps its stability above 17.43 level, while stochastic begins to curve bullishly after reaching the oversold levels, to support the chances for resuming the bullish trend in the upcoming sessions, which gets continuous support from the EMA50.
Therefore, the bullish trend will remain preferred for today unless breaking 16.95 then 16.56 levels and holding below it, reminding you that our next main target located at 18.30.
Expected trading range for today is between 17.40 support and 17.80 resistance.
Expected trend for today: Bullish
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