Silver gets the positive momentum – Analysis - 24-03-2017

Economies.com
2017-03-24 05:12AM UTC

Silver price settles within tight range above 17.43 level, noticing that stochastic reaches the oversold areas to provide positive motive to the intraday and short term trading.

 

Therefore, our bullish overview will remain valid as it is without any change, waiting to head towards 18.30 as a next main station, noting that the continuation of the bullish wave depends on holding above 16.95 and 16.56 levels.

 

Expected trading range for today is between 17.40 support and 17.80 resistance.

 

Expected trend for today: Bullish

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