Overview
The silver price is testing the key resistance at 15.70 now, and, as we mentioned this morning, the price needs to breach this level to ease the mission of heading towards the current bullish wave target at 16.35. Therefore, we will keep our bullish trend expectations for today unless breaking the 15.15 level and holding below it, which will stop the suggested rise temporarily to push the price to the 14.67 level before any new attempt to rise. The expected trading range for today is between 15.30 support and 16.00 resistance.
The material has been provided by InstaForex Company – www.instaforex.com
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