Silver price continued to rise yesterday to test 14.73 level and keeps its stability below it, starting today with slight bearish bearish bias that hints the price head to resume the main bearish trend, supported by the negative overlapping signal provided now by stochastic.
Therefore, the overall bearish trend scenario will remain valid conditioned by the price stability below 14.73, noting that our targets begin at 14.45 and extend to 13.93.
Expected trading range for today is between 14.30 support and 14.85 resistance.
Expected trend for today: Bearish