Silver price shows calm negative trades now in attempt to move away from the EMA50, to support the continuation of our bearish overview that targets testing 25.50 level mainly.
Stochastic provides negative signal that support the expectations to decline, noting that breaching 27.60 will stop the negative scenario and lead the price to resume the main bullish trend again.
The expected trading range for today is between 25.50 support and 27.00 resistance.
The expected trend for today: Bearish