Silver price shows additional negative trades to break 16.85 level and attempts to hold below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, waiting to visit 16.33 level as a next main station, taking into consideration that the continuation of the expected decline conditions holding below 17.25.
The expected trading range for today is between 16.60 support and 17.00 resistance.
The expected trend for today: Bearish