Silver price fluctuates around 16.55 level in the previous days, noticing that stochastic begins to provide positive overlapping signal now on the daily time frame, which supports the chances of resuming the bullish trend in the upcoming sessions, which its targets begin at 16.80 and extend to 17.43.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, conditioned by the price stability above 16.20.
Expected trading range for today is between 16.30 support and 16.80 resistance.
Expected trend for today: Overall Bullish