Silver price shows more rise to approach our waited target at 16.00, expecting to breach this level to open the way to extend the bullish wave on the intraday and short term basis, as our next target reaches 16.50.
The EMA50 continues to support the price from below, to keep our bullish overview in the upcoming period unless breaking 15.62 and holding below it.
Expected trading range for today is between 15.80 support and 16.20 resistance.
Expected trend for today: Bullish