Silver price faced strong negative pressure to break 24.20 and turns to decline on the intraday basis, and we expect the continuation of the bearish bias to test 23.40 areas and might extend to 23.15.
Therefore, the bearish bias will be expected for today, noting that breaching 24.20 will stop the current negative pressure and lead the price to resume the bullish wave again.
The expected trading range for today is between 23.40 support and 24.10 resistance.
The expected trend for today: Bearish