Silver price faced temporary negative pressure in the previous sessions to move below the EMA50, noticing that stochastic gained clear positive momentum and begins to overlap positively now, waiting to motivate the price to resume the expected bullish bias on the intraday basis, which its first main target located at 21.40.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that the chances valid to surpass the mentioned target and head towards 21.85 followed by 22.13 levels as next main targets, reminding you that the continuation of the bullish wave requires holding above 20.64.
The expected trading range for today is between 20.80 support and 21.50 resistance.
The expected trend for today: Bullish