Silver awaits the bullish rebound – Analysis - 14-09-2017

Silver price trades near the intraday bullish channel's support, noticing that stochastic reaches the oversold areas now, to form positive motive that we are waiting to assist to push the price to resume the main bullish trend, which its targets begin by testing 18.30 level.

Therefore, the bullish trend will remain valid and active in the upcoming period, supported by the EMA50 that carries the price from below, reminding you that breaching the targeted level will extend silver price gains to reach 19.38, while holding above 17.43 represents key condition to achieve the suggested targets.

Expected trading range for today is between 17.60 support and 18.00 resistance.

Expected trend for today: Bullish