Silver price keeps pressing negatively on the intraday bullish channel’s support line in attempt to break it, which urges caution from the upcoming trading, as failing to step above 16.96 and settling below 16.85 will stop the morning suggested positive scenario and press on the price to achieve more decline and target 16.33 level mainly.
The expected trading range for today is between 16.80 support and 17.30 resistance.
The expected trend for today: Bullish