Silver gets a positive close – Analysis - 15-02-2018

Silver price closed yesterday’s trading above 16.56, and traded positively to breach the EMA50 and settles above it, which reinforces the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to visit 17.43 that represents our next main station.

Therefore, we are waiting for more rise for today, supported by stochastic positivity, noting that the continuation of the bullish bias depends on holding above 16.56 and the most important above 16.15.

Expected trading range for today is between 16.75 support and 17.30 resistance.

Expected trend for today: Bullish