Midday update for Silver 27-04-2017

Economies.com
2017-04-27 11:44AM UTC

Silver price hovers around 17.43 level since morning, showing sideways and tight trading settling above it, while stochastic still positive.

 

Therefore, the bullish trend scenario will remain valid as it is without any change, waiting to target 18.30 level initially, noting that breaching this level will extend silver price gains to reach 19.38.

 

Expected trading range for today is between 17.35 support and 17.70 resistance.

 

Expected trend for today: Bullish

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