The silver headed higher last Friday at the beginning of the session to hit the major resistance level at 17.30s setting a new record high for the metal; then it saw some tendency to move down again to close with bearish patterns.

The trading range for today will be between the key resistance at 17.25 and the key support at 16.40.

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


Resistance17.02 17.13 17.30 17.50 17.75