Silver achieves some gains – Analysis - 11-04-2018

Silver price provided some positive attempts yesterday to fluctuate around 16.55 level, but it still within the sideways range that appears on the chart, to continue suggesting the sideways move between 16.15 support and 16.80 resistance until the price manages to breach one of them.

We remind you that breaching the resistance will push the price to achieve more gains that reach 17.43 as a next main station, while breaking the support will put the price under the negative pressure to test 15.49 level before any new attempt to recover.

Expected trading range for today is between 16.30 support and 16.75 resistance.

Expected trend for today: Sideways