Silver price shows positive trades to move above 16.96 level, which urges caution from the upcoming trading, as holding above this level will stop the morning suggested negative scenario and push the price to achieve gains that reach 17.60, while the price needs to trade below 16.96 again to resume the bearish trend that its next target located at 16.33.
The expected trading range for today is between 16.50 support and 17.10 resistance.
The expected trend for today: Bearish