Silver price showed some slight bearish bias on last Friday to approach from the key support 16.56, and as long as the price is above this level, our bullish overview will remain active, waiting to test 17.43 level initially.
Stochastic approaches from the oversold areas to support the positive overview, noting that breaching 17.43 will push the price towards 18.30 as a next main target.
Expected trading range for today is between 16.80 support and 17.20 resistance.
Expected trend for today: Overall Bullish