Silver - Technical Analysis: Wednesday, 31/12/2014 06:48 GMT

The price move inside an intraday bullish channel supported by the exponential moving average 50, and beginning of rising signals for the bulls’ power indicator.

Stochastic negativity might push the price for some temporary sideways fluctuation, and breaching 17.30 will offer the strongest positive motive to support the continuation of the bullish trend on the longer time frames.