Silver gets the positive momentum – Analysis - 21-03-2017
Economies.com
2017-03-21 05:16AM UTC
Silver price shows slight negative trading to fluctuate around the EMA50 now, noticing that stochastic got rid of its negativity and reaches the oversold areas' thresholds, to support the chances of bouncing bullishly to resume the main bullish trend, waiting to breach 17.43 level to reinforce the chances of heading towards our next target at 18.30.
Therefore, we will continue to suggest the bullish trend in the upcoming period conditioned by the price stability above 16.90 and 16.56.
Expected trading range for today is between 17.20 support and 17.60 resistance.
Expected trend for today: Bullish
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