Silver price declines strongly to surpass 20.00 level and confirms extending the bearish wave on the intraday and short term basis, opening the way to head towards our extended target that reaches 19.55, reminding you that the continuation of the expected decline depends on the price stability below 20.50.
The expected trading range for today is between 19.70 support and 20.50 resistance.
The expected trend for today: Bearish