Silver price returns to fluctuate near the EMA50, affected by stochastic negativity, noting that the indicator gets rid of its negative momentum clearly to approach the oversold areas, waiting to get positive motive to support the chances of resuming the bullish trend in the upcoming period.
In general, we will continue to suggest the bullish trend conditioned by the price stability above 13.93, reminding you that our next main target is located at 14.73.
Expected trading range for today is between 14.30 support and 14.65 resistance.
Expected trend for today: Bullish