Silver price fluctuates around 16.00 level and moves above it now, to keep our bullish overview that its next target located at 16.50, noting that holding above 16.00 is required to continue the suggested rise, as failing to hold above it will press on the price to decline towards 15.62 again before any new attempt to rise.
Expected trading range for today is between 15.80 support and 16.25 resistance.
Expected trend for today: Bullish