Silver price breached 26.90 level and ended yesterday above it, to trade inside new bullish channel that carries the price to achieve expected gains in the upcoming sessions, on its way to visit 28.90 followed by 29.80 levels as main positive targets.
Therefore, the bullish bias will remain expected on the intraday and short term basis, noting that breaking 26.90 and holding below it will put the price under the correctional bearish pressure again.
The expected trading range for today is between 26.70 support and 28.20 resistance.
The expected trend for today: Bullish