Silver price shows sideways and tight trades since yesterday and settles above 16.96, while stochastic attempts to gain the positive momentum gradually, to support the chances of resuming the expected bullish trend for the upcoming period, which targets 17.60 level mainly, while breaking 16.96 represents the key to return to the correctional bearish track that its next target located at 16.33.
The expected trading range for today is between 16.90 support and 17.40 resistance.
Today this pair of Market trends & technical Analysis justified for me.
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
I use scalping systems on this cash matches so I favor the brief span that is the time period M15 and M30, that is position showcase then likewise there are a few pointers that I use as the Bollinger Groups is BREAK LOW, ADX is DOWN Pattern 83.52%, Stochastic is BREAK HIGH. At that point think about the position if the market pattern is advancing toward more leads Pattern DOWN 69.5%,