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Silver gets positive signal – Analysis - 20-10-2017
Silver price settled above 17.00 level yesterday, noticing that stochastic provides positive overlapping signal now, which forms positive motive that we are waiting to assist to push the price to continue the bullish trend in the upcoming sessions, waiting to breach 17.43 to confirm extending the bullish wave towards 18.30.
Therefore, the positive scenario will remain valid and active in the upcoming period unless breaking 16.56 level and holding with a daily close below it.
Expected trading range for today is between 17.00 support and 17.43 resistance.
Expected trend for today: Bullish
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Gold faces the moving average – Analysis - 20-10-2017
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