Silver price trades negatively now to move below 24.20, while the EMA50 attempts to protects the price from achieving more decline, waiting to rise again and move above the mentioned level to continue the bullish trend that its next main target located at 25.05, noting that failing to hold above 24.20 will press on the price to turn to decline and visit 23.15 on the near term basis.
The expected trading range for today is between 24.00 support and 24.80 resistance.
The expected trend for today: Bullish