Overview
Silver price shows more sideways and tight trades, waiting to activate the positive signal provided by stochastic now. The metal gained momentum to continue the main bullish trend with the targets, beginning by breaching 17.43. This will confirm the way for Silver to extend price gains to reach 18.30. Therefore, our positive overview will remain active for the short term conditioned by holding above 16.56. The expected trading range for today is between 17.00 support and 17.43 resistance.
The material has been provided by InstaForex Company - www.instaforex.com