FX.co ★ Daily analysis of Silver for November 29, 2017

Overview

Silver traded lower yesterday, moving below 17.00, while the main bullish trend is still suggested as long as the price remains stable above 16.56. Breaking this level will push the price down to the target of 15.49 before any new attempt to rise. Our first target is projected by breaching 17.43 to confirm that the way is open towards 18.30 as the next main station. The expected trading range for today is between 16.75 support and 17.05 resistance.