Midday update for Silver 20-02-2017
Economies.com
2017-02-20 11:22AM UTC
Silver price keeps its stability above the bullish channel’s support that appears in the image, and the price gets continuous support from the EMA50, reinforcing the chances for the continuation of the rise in the upcoming sessions, waiting for testing 18.30 level initially.
In general, the positive scenario will remain active on the intraday and short term basis unless breaking 17.85 and the most important 17.43 levels.
Expected trading range for today is between 17.80 support and 18.40 resistance.
Expected trend for today: Bullish
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