FX.co ★ Daily analysis of Silver for September 27, 2016

Overview

The silver price holds its positions above 19.38 levels, thus keeping the chances of the main bullish trend resumption high. It is also supported by the EMA50 and stochastic; the price is likely to trade positively in the upcoming sessions to target 21.12 levels mainly. We remind you that a breach of 20.00 levels will ease achievement of the mentioned target. The expected trading range for today is between the 19.00 support and the 20.00 resistance.