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21.10.201615:42 Forex Analysis & Reviews: Daily analysis of silver for October 21, 2016

Long-term review

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Overview

Silver price shows positive attempts to move above 17.43 level again, which supports continuation of the bullish trend scenario for today efficiently. Reinforced by stochastic positivity, the price waits to breach the 17.80 level to ease the mission of heading towards our positive targets begining at 18.30 and extending to 19.38. Let us remind that holding above 17.43 level represents the most important condition to achieve the suggested targets. The expected trading range for today is between 17.20 support and 17.80 resistance.

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