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    Daily analysis of Silver for June 22, 2016

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    Overview

    The silver price continues moving around the EMA50; and as long as it trades steadily above the key support 17.00, the positive scenario will be still valid until now and the price will be likely to test the recently recorded top at 18.00 as the first main station. Note that a break of 17.00 levels will make the price return to the correctional track again. The negative targets will begin at 16.37 before any new attempt to rise. The expected trading range for today is between the 17.00 support and the 18.00 resistance.


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