Silver price traded with strong negativity to succeed achieving our first waited target at 14.50, and we expect the continuation of the bearish bias inside the bearish channel that appears on the chart to head towards 13.93 that represents our next main target.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions supported by the negative pressure formed by the EMA50 unless breaching 14.80 level and holding above it.
The expected trading range for today is between 14.25 support and 14.80 resistance.
The expected trend for today: Bearish