Calmness controls silver’s recent trading, where it moves in narrow range limited between the critical levels represented by 29.40 support and 30.70 resistance.
Until now, we are continuing in our neutrality until surpassing one of the mentioned levels, reminding you the breaking below 29.40 will cause a major turning in the medium term trend, while breaching 30.70 will provide a positive motive to turn the price back to the general bullish trend again.
Expected trading range for today is between: 29.40 support and 31.50 resistance.
Expected trend for today: Neutral