Silver headed higher yesterday to hit the major resistance level at the key trend line at 16.60s, before slightly declining but still managing to close with a bullish pattern. Today we expect silver to progress in the upside direction as well.

The trading range for today will be between the key resistance at 16.90 and the key support at 16.10.

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