Silver price continued its decline yesterday to reach the key support 15.22, as it keeps its stability above it until now, accompanied by witnessing clear oversold signals through stochastic, waiting to assist to push the price to resume the expected bullish trend on the intraday basis, which its next target located at 15.62.
We need to consider that breaking 15.22 and holding below it will press on the price to continue the decline and head towards 14.73 as a next negative station.
The expected trading range for today is between 15.15 support and 15.50 resistance.
The expected trend for today: Bullish