Silver price shows continuous positive trades, to support the expectations of continuing the bullish trend on the intraday and short term basis, noting that our next target is located at 28.40, which breaching it represents the key to rally towards the previously recorded top at 29.81 as a next positive station.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 26.45.
The expected trading range for today is between 27.00 support and 28.30 resistance.
The expected trend for today: Bullish