Silver price fluctuates near 16.96 level and still below it, and the EMA50 forms continuous negative pressure against the price, waiting to head towards 16.33 as a next main station, noting that breaching 16.96 will push the price to achieve new gains that reach 17.60.
The expected trading range for today is between 16.70 support and 17.00 resistance.
The expected trend for today: Bearish