Silver price leaned on the bullish channel’s support line and shows positive trading now, but it’s still stuck between the trend confirmation levels represented by 15.10 support and 15.30 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 15.00 support and 15.40 resistance.
The expected trend for today: Neutral