Daily analysis of silver for October 24, 2017

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Overview

Silver price fluctuates with calm positivity in attempt to move away from the breached resistance, affected by the positive signals that appears through Stochastic. It reinforces the chances of continuing the bullish scenario in the upcoming sessions, waiting to test 17.43 level initially. Breaching the mentioned level will extend silver price gains to 18.30 as the next main station, while the expected rise will remain valid unless breaking 16.56 level and holding below it. The expected trading range for today is between 16.95 support and 17.30 resistance.

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