Overview
Silver price begins today's trading with a slight bullish bias. It signals the attempt to resume the bullish trend on the intraday and short-term basis to keep the positive effect of the falling wedge pattern valid in the upcoming period. It is supported by the EMA50 and stochastic positivity that appears clearly on the four-hours time frame. Therefore, these factors reinforce the continuation of the bullish trend scenario that its targets begin by testing the previously recorded top at 21.12, taking into consideration that holding above 19.38 represents key condition to the continuation of the suggested bullish wave. The expected trading range for today is between 19.60 support and 20.50 resistance
