Silver price did not show any strong move since yesterday, to continue fluctuating around 16.60 level, thus, our bearish overview will remain valid as it is without any change, which targets 16.33 as a next main station, noting that the EMA50 supports the suggested decline, which will remain valid unless breaching 16.96 and holding above it.
The expected trading range for today is between 16.33 support and 16.75 resistance.
The expected trend for today: Bearish