Silver moved in a balanced move last Friday due to the lack of momentum as it ended with tendency towards the upside. Today silver might drop as the technical indicators showed.

The trading range for today will be between the key resistance at 16.70 and the key support at 16.15.

The general trend is up as far as 13.20 remains intact targets now at 17.40 and 19.80.


Resistance16.50 16.75 16.90 17.11 17.20