Silver price presses negatively on the key support 27.30 to break it and trades below it, to head towards activating the bearish trend scenario in the upcoming sessions, on its way to achieve negative targets that start at 26.00 followed by 25.50.
Therefore, the bearish bias will be suggested for the rest of the day unless the price rallied to breach 27.60 level and hold above it.
The expected trading range for today is between 26.60 support and 28.80 resistance.
The expected trend for today: Bearish