Silver price shows calm positive trades to settle at 28.00 barrier now, reinforcing the expectations of continuing the bullish trend in the upcoming period, organized inside the intraday bullish channel that appears on the chart, waiting to visit 29.00 followed by 29.80 levels mainly.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 27.50.
The expected trading range for today is between 27.60 support and 28.70 resistance.
The expected trend for today: Bullish