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Daily analysis of Silver for February 23, 2017

SILVERH4.png

Overview

The silver price has not shown any strong moves since morning, still fluctuating at the bullish channel's support. Therefore, our bullish trend expectations will remain valid as they are without any change for today; and its continuation is conditioned by holding above 17.95. The positive targets begin at 18.30 and extend to 19.38. The expected trading range for today is between the 17.80 support and the 18.30 resistance.

The material has been provided by InstaForex Company - www.instaforex.com