Silver price fluctuates around 26.90 level and showed attempts to break it, and as we mentioned in our recent reports, the price needs to consolidate above this level to kep the bullish trend scenario active for the upcoming period, which its next targets located at 28.90 followed by 29.80.
Stochastic begins providing positive signals to motivate the price to resume the expected bullish trend, noting that breaking 26.90 will put the price under negative pressure that targets 25.06 areas mainly.
The expected trading range for today is between 26.30 support and 28.00 resistance.
The expected trend for today: Bullish