Silver price faces more of the negative pressure to hit our initial target at 18.30 and attempts to break it, reinforcing the expectations for the bearish correctional trend continuation in the upcoming sessions, and its next target is located at 18.00, supported by moving below the EMA50, reminding you that the expected decline depends on the stability below 19.00.
The expected trading range for today is between 18.20 support and 18.80 resistance.
The expected trend for today: Bearish