Silver price was affected by stochastic negativity, to stop the potential inverted head and shoulders’ pattern which was mentioned in our recent reports, while the price is approaching now from the sideways’ support line at 23.25
In general, holding above the mentioned support will keep the sideways’ trading valid, while breaking it will lead to fall towards 22.60 followed by 22.00
Expected trading range for today is between: 22.60 support and 24.85 resistance.
Expected trend for today: Sideways