Silver resumes rising – Analysis - 17-07-2017

Economies.com
2017-07-17 03:22AM UTC

Silver price bounced bullishly after 15.65 level managed to hold against the price recent negative attempts, heading towards our first target at 16.56, supported by the rise that appears on stochastic.

 

Therefore, our positive overview will remain valid and active in the upcoming sessions conditioned by the price stability above 15.49 level, reminding you that breaching the targeted level will extend silver price gains to reach 17.43 as a next main station.

 

Expected trading range for today is between 15.80 support and 16.30 resistance.

 

Expected trend for today: Bullish

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