Silver price shows slight bearish trading in attempt to move away from 16.96 level, noticing that stochastic begins to overlap negatively on the four hours time frame, waiting for more of the downside moves for the rest of the day to visit 16.33 level mainly, reminding you that holding below 16.96 is important for the continuation of the expected decline.
The expected trading range for today is between 16.50 support and 17.00 resistance.
The expected trend for today: Bearish