Silver price showed some bearish bias this morning to approach the bearish flag’s support line mentioned in our last report, noticing that stochastic provides negative signals that we are waiting to assist to push the price to break 25.05 followed by heading towards our negative targets that start at 24.95 and extend to 23.76, reminding you that it is important to hold below 25.65 to continue the expected decline.
The expected trading range for today is between 24.70 support and 25.65 resistance.
The expected trend for today: Bearish