Silver price shows some slight bearish bias affected by stochastic negativity, and the pricemight witness test to the key support level 16.56 before turning back to rise again.
In general, the bullish trend scenario still active as long as the price is stable above the mentioned level, reminding you that we need to breach 17.43 level to confirm opening the way to head towards 18.30 as a next main target.
Expected trading range for today is between 16.80 support and 17.43 resistance.
Expected trend for today: Bullish