Silver price keeps its stability above 15.20, and continues to move inside the bullish channel that carries the price from 14.29 areas, while the EMA50 provides the positive support to the price.
Therefore, we believe that the chances are valid to resume the bullish bias in the upcoming sessions, which targets 15.62 level as a next main station, while holding above 15.20 represents key condition to continue the suggested rise.
The expected trading range for today is between 15.15 support and 15.50 resistance.
The expected trend for today: Bullish