Silver futures to trade on bullish note, support at 29.43: HY markets

Silver closed lower on Friday and the low-range close set the stage for a steady to lower opening when Monday's night session begins trading. Stochastic and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term.

If it extends this month's rally, the reaction high crossing is the next upside target. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.