The silver dropped yesterday in a downside movement from 17.24 levels, reaching to the major support level at 16.61, yet expectations points out that the silver will return back to the upside after forming positive signals.

The trading range for today might be among the key support level at 16.40 and the resistance level 18.00.

The general trend is to upside as far as 13.20 remains intact; targets now are set at 22.00 and 25.00.

Resistance16.85 17.04 17.27 17.48 17.80