Silver build support base – Analysis - 16-02-2018

Economies.com
2018-02-16 04:49AM UTC

Silver price settles above the EMA50, to get positive motive that reinforces the expectations of continuing the bullish trend, and the way is open to visit 17.43 level that represents our next main target.

 

Therefore, we are waiting for more rise in the upcoming sessions, conditioned by the price stability above 16.56 and 16.15 levels.

 

Expected trading range for today is between 16.75 support and 17.30 resistance.

 

Expected trend for today: Bullish

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