Silver price settles inside the bearish channel, and the EMA50 keeps pressing negatively on the price, to keep the bearish trend scenario active in the upcoming sessions, reminding you that our main waited targets begin at 14.50 and extend to 13.93.
On the other hand, we should note that breaching 14.85 will push the price to test the most important resistance for the short term trades at 15.22 before any new attempt to decline.
The expected trading range for today is between 14.50 support and 14.90 resistance.
The expected trend for today: Bearish