Silver price shows slight negative trades in attempt to move away from 16.96, thus, our bearish overview will remain valid for today, supported by the EMA50 that presses negatively on the price, reminding you that our next target is located at 16.33, while holding below 17.25 represents key condition to achieve it.
The expected trading range for today is between 16.60 support and 17.10 resistance.
The expected trend for today: Bearish