Silver price traded positively to breach 16.96 level and attempts to hold above it, which urges caution from the upcoming trading, as closing the daily candlestick above this level will stop the expected decline for today and push the price towards 17.60 as a next main target, while the price needs to trade below 16.96 again to regain the bearish trend that its next target located at 16.33.
The expected trading range for today is between 16.70 support and 17.20 resistance.
The expected trend for today: Bearish