Silver price shows weak trades since yesterday, attempting to provide some bullish bias by today’s open, to support the continuation of the recently suggested bullish trend scenario, which depends on the formation of the inverted head and shoulders’ pattern that has positive targets that start at 22.67.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 21.45 and holding below it.
The expected trading range for today is between 21.45 support and 22.20 resistance.
The expected trend for today: Bullish