Midday update for Silver 28-03-2017

Economies.com
2017-03-28 11:34AM UTC

Silver price shows sideways and tight trading range since morning settled above 18.00 level, while stochastic attempts to get rid of its negativity gradually on the four hours’ time frame.

 

Therefore, there is no change on the bullish trend scenario that depends on the stability above 17.43 and 17.05 levels, reminding you that the main targets begin at 18.30 and extend to 18.90.

 

Expected trading range for today is between 17.80 support and 18.30 resistance.

 

Expected trend for today: Bullish

 

 

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