The tight range returns to dominate Silver price trades, to move around 17.00 level again, noting that settling above 16.56 represents the most important condition to continue the recently suggested positive scenario, waiting to get strong positive motive that supports the chances of breaching 17.43 level to open the way to extend the bullish wave towards 18.30.
Therefore, the overall bullish trend will remain valid unless breaking 16.56 level and holding with a daily close below it.
Expected trading range for today is between 16.80 support and 17.20 resistance.
Expected trend for today: Bullish