Silver price shows slight negative trading to move below the bearish channel’s resistance that appears on the chart, which supports the continuation of our bearish overview for today, supported by stochastic near the overbought areas, which targets 14.77 level as a next main station, while the stability of the daily candlestick close below 15.60 represents the most important condition to continue the expected decline.
Expected trading range for today is between 15.30 support and 15.80 resistance.
Expected trend for today: Bearish