Silver price fluctuates around the EMA50, affected by stochastic positivity to show some slight bullish bias, but as long as the price is below 21.83, our bearish overview still active, waiting to get negative motive to assist to push the price to rally towards our targets that start at 21.20 and extend to 20.50, noting that holding below 21.83 represents key condition to continue the expected decline.
The expected trading range for today is between 21.10 support and 21.80 resistance.
The expected trend for today: Bearish