Silver price hovers around the EMA50, to remain confined within the sideways range that its lines represented by 16.15 support and 16.80 resistance, thus, no change to the sideways move scenario on the intraday basis until the price manages to breach one of the mentioned levels followed by detecting its next targets clearly.
To review the expected targets after the breach, please check our previous report.
Expected trading range for today is between 16.25 support and 16.80 resistance.
Expected trend for today: Sideways