Silver price tests the EMA50 now, waiting for surpassing this barrier to confirm the extension of the bullish wave to 17.43 as a next station.
In general, the bullish trend scenario remains valid in the upcoming sessions supported by the positive signal that comes from stochastic, conditioned by holding above 16.25 level.
Expected trading range for today is between 16.50 support and 16.90 resistance.
Expected trend for today: Bullish