Silver price keeps its stability above 16.75 level, keeping our bullish trend expectations active for today, targeting testing 17.43 level mainly, pointing that breaching 17.00 level will release the price from the negative pressure that comes from the EMA50 and eases achieving the waited positive targets.
In general, the bullish trend will remain preferred in the upcoming sessions conditioned by holding above 16.56 level.
Expected trading range for today is between 16.70 support and 17.10 resistance.
Expected trend for today: Bullish