Midday update for Silver 17-01-2017
Economies.com
2017-01-17 11:36AM UTC
Silver price resumes its positive trading to begin attacking 17.00 barrier, supported by the positivity of the EMA50 and stochastic, waiting for targeting 17.43 level mainly, to keep the bullish bias preferred in the upcoming sessions.
In general, we wait for more of the upside track unless breaking 16.56 level and holding below it.
Expected trading range for today is between 16.56 support and 17.20 resistance.
Expected trend for today: Bullish
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