Silver price settles at the support – Analysis - 13-09-2019

Silver price continues to fluctuate at the main bullish channel’s support line that appears on the chart and consolidates above it, accompanied by stochastic approach to provide positive overlapping signal on the four hours’ time frame, which forms positive motive that we expect to push the price to rise in the upcoming sessions and resume trading inside the mentioned bullish channel.

Therefore, the bullish trend will be expected for today, and the main targets begin at 18.60 and extend to 19.20, while achieving them conditions holding above 17.90.

The expected trading range for today is between 17.90 support and 18.40 resistance.

The expected trend for today: Bullish