Daily analysis of Silver for May 29, 2018

Overview

The silver price shows more sideways trading, settling around 16.56 levels staying within the sideways range, which lines are represented by the 16.15 support and the 16.80 resistance. We are waiting for the price to breach one of these levels to determine the next targets clearly. To review the details of the expected targets after the breach, please check our last report. The expected trading range for today is between the 16.30 support and the 16.65 resistance.