Midday update for Silver 09-11-2017

Economies.com
2017-11-09 10:42AM UTC

Silver price did not show any strong move in the previous sessions, thus, no change to the bullish trend scenario that depends on holding above 16.56 level, and the price might be forced to show more sideways trading until it manages to gain enough positive momentum to push trading to resume the bullish trend, waiting to breach 17.43 level to confirm opening the way to head towards 18.30.

 

Expected trading range for today is between 16.90 support and 17.43 resistance.

 

Expected trend for today: Overall Bullish

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