Midday update for Silver 14-02-2017
Economies.com
2017-02-14 11:56AM UTC
Silver price shows some slight bullish bias that hints the attempt to resume the bullish trend, organized inside the bullish channel that appears on the above chart, supported by stochastic and the EMA50 positivity, waiting to visit 18.30 level initially.
Therefore, we will continue to suggest the bullish trend for the rest of the day conditioned by the price stability above 17.43.
Expected trading range for today is between 17.60 support and 18.30 resistance.
Expected trend for today: Bullish
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