Silver price returns to fluctuate around the bullish trend line that appears on chart, while stochastic attempts to get rid of the negative momentum gradually, and the price gets positive support by the EMA50.
Therefore, we believe that the chances are valid to trade positively in the upcoming sessions, and the targets begin at 17.43 and extend to 18.30, noting that breaking 16.56 will stop the expected bullish trend to push the price to head towards 15.49 direct.
Expected trading range for today is between 16.85 support and 17.20 resistance.
Expected trend for today: Bullish