Silver continues to fluctuate – Analysis - 15-11-2017

Economies.com
2017-11-15 04:26AM UTC

Silver price keeps fluctuating within sideways and tight range around the EMA50, noticing that stochastic begins to provide positive overlapping signal on the four hours' time frame, to support the chances of rising in the upcoming sessions, waiting to test 17.43 level initially.

 

Therefore, the bullish trend will remain valid in the upcoming period unless breaking 16.56 level and holding below it, reminding you that breaching 17.43 will push the price towards 18.30 as a next main target.

 

Expected trading range for today is between 16.90 support and 17.20 resistance.

 

Expected trend for today: Overall Bullish

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