Silver price provides slight negative trades now to move away gradually from 24.20, reinforcing the expectations of continuing the bearish trend, supported by the formation of the double top pattern that we are waiting to motivate the price to reach 23.15 initially.
Breaking 23.90 will activate the negative effect of the mentioned pattern and push the price towards the waited target, reminding you that it is important to hold below 24.20 to continue the expected decline.
The expected trading range for today is between 23.40 support and 24.20 resistance.
The expected trend for today: Bearish