Overview
The silver price has been hovering around 19.65 levels since morning, while stochastic provides a positive overlapping signal on the four-hour time frame, so the price is likely to resume the main bullish trend after the last decline that pushed the price to approach from the 23.6% Fibonacci level at 19.38. Therefore, we expect positive trading in the upcoming sessions. The price needs to breach 20.20 levels to reinforce the expectations of targeting 21.12 levels as the next main station. Remember it is important to hold above 19.38 levels to continue the anticipated rise. The expected trading range for today is between the 19.38 support and the 20.15 resistance.
