Midday update for Silver 30-09-2016

Silver price trades positively since morning to approach from the key resistance 19.38, which represents one of the next trend keys besides 19.00 support, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.

The contradiction between stochastic positivity and the EMA50 negativity still valid, and to take a look at the expected targets after the breach, please review our morning issued report.

Expected trading range for today is between 18.70 support and 19.60 resistance.

Expected trend for today: Depends on the above mentioned levels