Silver price shows positive attempts to move away from 15.08, reinforcing the expectations of continuing the rise on the intraday basis, and the way open to achieve our waited target at 16.00.
The bullish channel organizes the current bullish wave, noting that breaching the targeted level will extend silver price gains to reach 16.50 followed by 17.11, while breaking 15.08 will stop the suggested rise and put the price under the negative pressure again.
The expected trading range for today is between 15.20 support and 16.00 resistance.
The expected trend for today: Bullish