Silver price provided negative trades yesterday after testing 16.80 level that represents the sideways range’s resistance that appears on the chart, on its way for potential test to this range’s support at 16.15.
Therefore, the sideways trading still dominant on the intraday basis, waiting to surpass one of the mentioned levels to detect the next targets clearly, noting that the details of the expected targets after the breach are explained in our previous report.
Expected trading range for today is between 16.20 support and 16.70 resistance.
Expected trend for today: Sideways