Silver declined last Friday in a strong bearish move in the early session until the key support level at 16.38, as then key reversal patterns were formed to take the silver to the upside once more until the delicate resistance at 16.89, and for that the silver is expected to continue the upside wave today.

The trading range for toady is expected among the key resistance level at 17.50 and the key support level at 16.40.

The general trend is to the upside as far as 13.20 remains intact, target now are at 22.00 and 25.00.

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