Silver price shows negative trades to press on 22.15 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, motivated by stochastic negativity that appears clearly on the four hours’ time frame, waiting for more decline to visit 21.40 as as a next main target, reminding you that it is important to hold below 22.60 to continue the expected bearish trend.
The expected trading range for today is between 21.70 support and 22.60 resistance.
The expected trend for today: Bearish