Silver rises calmly – Analysis - 18-04-2018

Silver price shows calm bullish bias to approach the sideways range resistance at 16.80, and this range still dominating the intraday trades until the price succeeds to breach one of its lines, represented by the mentioned resistance and 16.15 support, reminding you that breaching 16.80 resistance will push the price to start attempts to regain the main bullish trend that its next target located at 17.43, while breaking the support will push the price to suffer losses that target 15.49 as a first main station.

Expected trading range for today is between 16.55 support and 16.90 resistance.

Expected trend for today: Sideways