FX.co ★ Daily analysis of Silver for February 28, 2017

Overview

Silver price has not shown any strong move since morning. It keeps fluctuating near 18.30 level. Therefore, there is no change on our overall bullish expectations, which depend on the stability above the mentioned level and above 18.10, supported by stochastic and the EMA50 positivity. We remind you that our main targets begin at 18.85 and extend to 19.38. The expected trading range for today is between 18.10 support and 18.80 resistance.