Midday update for Silver 26-05-2017

Economies.com
2017-05-26 10:55AM UTC

Silver price crawls to the upside calmly to approach from our initial waited target at 17.43, motivated by stochastic positivity that appears on the four hours time frame, reminding you that breaching the mentioned level will extend silver gains to reach 18.30 on the near term basis.

 

Therefore, the bullish trend will remain valid and active for today unless breaking 16.56 level and holding below it.

 

Expected trading range for today is between 17.00 support and 17.50 resistance.

 

Expected trend for today: Bullish

 

 

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