Silver price moves within sideways track in the previous sessions, moving around the EMA50, wihle stochastic provides negative signal that supports the chances of resuming the bearish bias that targets 23.40 followed by 23.15 levels as next negative stations.
In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 24.20 and holding with a daily close above it.
The expected trading range for today is between 23.30 support and 24.00 resistance.
The expected trend for today: Bearish