21.04.201618:06 Forex Analysis & Reviews: Daily analysis of silver for April 21, 2016

Long-term review

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Overvier

Silver price continues its bullish rally to confirm surpassing the bullish channel's resistance after the last four hours candlestick closed above it, which lead to continuation of the bullish trend scenario on the intraday and short-term basis. The 18.03 level acts as the next main target. In general, the bullish momentum will remain valid for today unless the price breaks below the 17.08 level and stabilizes. The expected trading range for today is between support at 17.00 and resistance at 17.70.

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