Silver price bounced bearishly after approaching 18.38 level yesterday, to test the key support 17.95, accompanied by witnessing clear oversold signals through stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its targets begin by breaching 18.38 to open the way to head towards 19.00 as a next main station.
Therefore, our positive overview will remain valid for today conditioned by the price stability above 17.95, reminding you that breaking it will push the price to visit 17.60 level before any new positive attempt.
The expected trading range for today is between 17.90 support and 18.30 resistance.
The expected trend for today: Bullish