Silver price trades with additional negative trades to start pressing on 18.00 barrier, reinforcing the expectations of continuing the bearish trend for the rest of the day, and the way is open to achieve our waited targets that start at 17.80 followed by 17.55, noting that the price is affected by the previously completed double top pattern, while holding below 18.35 represents the first condition to continue the expected decline.
The expected trading range for today is between 17.50 support and 18.50 resistance.
The expected trend for today: Bearish