Silver price continues to rise to surpass the EMA50 and settles above it, which hints the price head to resume the recently suggested bullish trend, especially after 15.22 level proved its strength against the price’s recent negative attempts.
Therefore, we are waiting for more bullish bias in the upcoming sessions conditioned by the price stability above 15.22, noting that our next target is located at 15.62.
The expected trading range for today is between 15.20 support and 15.60 resistance.
The expected trend for today: Bullish