Silver price provided clear negative trades yesterday but it returns to fluctuate around the EMA50, which continues to press negatively on the price, to protect the continuation of the expected bearish trend scenario in the upcoming period, organized inside the bearish channel that appears on the chart, waiting to resume the bearish bias that targets 14.73 level mainly.
Therefore, we will continue to suggest the bearish trend for today unless breaching 15.22 level and holding above it.
The expected trading range for today is between 14.80 support and 15.25 resistance.
The expected trend for today: Bearish