Silver continues to fluctuate – Analysis - 23-11-2017

Silver price keeps fluctuating near the EMA50, noticing that stochastic begins to overlap positively on the daily time frame, waiting  for motiviating the price to resume the bullish trend in the upcoming period, and its targets begin by testing 17.43 level, pointing that breaching this level will push the price to 18.30 as a next station.

Therefore, the bullish trend will remain active unless witnessing clear break and holding with a daily close below 16.56.

Expected trading range for today is between 16.90 support and 17.43 resistance.

Expected trend for today: Bullish