Silver price managed to break 22.10 level and hold with a daily close below it, reinforcing the expectations of continuing the bearish trend, which targets 21.30 as a next main station.
The bearish channel continues to organize the suggested bearish wave, which gets continuous support by the EMA50, taking into consideration that holding below 22.60 is important to achieve the waited targets.
The expected trading range for today is between 21.60 support and 22.25 resistance.
The expected trend for today: Bearish