Silver price is stuck below 30.70 again, which delays the confirmation of the bullish trend return, and forces us to continue in our neutrality in order to monitor the price behavior according to the next trend keys which are represented by 29.45 support and 30.70 resistance.
Breaching above 30.70 will form the first positive signal for the stopping of the bearish correction which was begun recently, while breaking below 29.45 will lead to a major turn in the trend on the short and medium term.
Expected trading range for today is between: 30.00 support and 31.50 resistance.
Expected trend for today: Neutral