Silver price continues to fluctuate within sideways and tight track, noticing that stochastic gets rid of its negativity clearly to approach from the oversold areas, which forms positive motive that we are waiting to push the price to resume the main bullish trend, which is organized inside the bullish channel that appears on chart.
Therefore, the chances are valid to touch our first target at 18.30, which breaching it represents the key to rally towards 19.38 as a next main station, reminding you that holding above 17.43 represents key condition to continue the suggested bullish trend.
Expected trading range for today is between 17.75 support and 18.00 resistance.
Expected trend for today: Bullish