Silver price trades negatively after confirming the stability below 16.96, reinforcing the expectations of continuing the bearish trend for the rest of the day, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 16.33, while holding below 16.96 represents key condition to achieve it.
The expected trading range for today is between 16.70 support and 17.10 resistance.
The expected trend for today: Bearish