Silver price fluctuates within sideways track settled above 18.00 level, while stochastic begins to provide positive overlapping signal on the 4-hour time frame, keeping the bullish trend preferred in the upcoming period. Wait for breaching 18.30 level to open the way towards 18.90. In general, we will keep the expected rise valid conditioned by holding above 17.43 and 17.10 levels. The expected trading range for today is between 17.80 support and 18.30 resistance.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
Overview
Silver price fluctuates within sideways track settled above 18.00 level, while stochastic begins to provide positive overlapping signal on the 4-hour time frame, keeping the bullish trend preferred in the upcoming period. Wait for breaching 18.30 level to open the way towards 18.90. In general, we will keep the expected rise valid conditioned by holding above 17.43 and 17.10 levels. The expected trading range for today is between 17.80 support and 18.30 resistance.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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