Silver price breached 27.50 level clearly and settled above it, which pushes the price to resume the main bullish trend and stops the recently suggested negative scenario, on its way to achieve gains that start at 29.00 followed by 29.80.
Therefore, the bullish bias will be suggested for today supported by moving above the EMA50, noting that the continuation of the bullish wave requires holding above 27.50.
The expected trading range for today is between 27.50 support and 29.00 resistance.
The expected trend for today: Bullish