Midday update for Silver 28-08-2018

Silver price trades with clear positivity now to breach the bearish channel’s resistance and test the key resistance 15.00, which urges caution from the upcoming trading, as the recently suggested bearish trend scenario depends on holding below the mentioned level, waiting to rebound bearishly to target 14.45 level initially.

We should note that breaching 15.00 will turn the intraday and short term track to rise, to start the positive targets at 15.46.

Expected trading range for today is between 14.55 support and 15.00 resistance.

Expected trend for today: Bearish