Silver tests the support – Analysis - 21-02-2017
Economies.com
2017-02-21 05:23AM UTC
Silver price tests the bullish channel’s support now, pointing that the EMA50 keeps protecting the trading within this channel, which keeps the bullish trend active in the upcoming period, and its initial target located at 18.30.
You should be aware that breaking 17.90 level will push the price to test the most important support for the short term trading at 17.43 before any new attempt to rise.
Expected trading range for today is between 17.80 support and 18.30 resistance.
Expected trend for today: Bullish
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