Silver price closed yesterday above 16.50, which forms positive motive that supports the expectations of continuing the bullish trend on the intraday and short term basis, waiting to head towards 17.30 that represents our next main station.
Stochastic provides overlapping signal that we are waiting to assist to push the price to achieve more gains in the upcoming sessions, reminding you that the continuation of the expected rise requires holding above 16.00.
The expected trading range for today is between 16.35 support and 16.70 resistance.
The expected trend for today: Bullish