Silver price faced negative pressure to test the key support 19.60 and keeps its stability above it, to start rising now and heads towards expected test to 20.50 level, waiting to breach this level to confirm heading towards 21.00 as a next main target.
Therefore, we will continue to suggest the bullish trend, supported by the EMA50 that carries the price from below, reminding you that it is important to hold above 19.60 to achieve the waited targets.
The expected trading range for today is between 19.60 support and 20.50 resistance.
The expected trend for today: Bullish