Silver fluctuates in tight and sideways range, settling below the initial retest at 29.20, hence the price is stable below 29.20 and 29.70, and the bearish trend will remain valid and active on the intraday and short term basis.
EMA50 provides an extra support for the suggested bearish wave.
Expected trading range for today is between: 27.50 support and 29.70 resistance.
Expected trend for today: Bearish