Silver price traded with calm negativity yesterday to move below the EMA50, to keep the bearish trend scenario active until now, which targets 13.93 level on the near term basis, noting that breaching 14.85 will stop the expected decline and lead the price to achieve gains that start at 15.22 and extend to 15.62.
Expected trading range for today is between 14.35 support and 14.85 resistance.
Expected trend for today: Bearish