Silver price pushes negatively to test the minor bullish channel’s support after forming a strong intraday resistance obstacle by the EMA50, and stochastic provides negative signal that put more bearish pressure.
In general, the bullish trend will remain valid for today unless breaking 19.20 level, which will push silver price to visit 18.60 level mainly.
Expected trading range for today is between: 19.00 support and 20.30 resistance.
Expected trend for today: Bullish