Silver price shows slight bearish bias in attempt to move away from 16.96, noticing that stochastic begins to overlap negatively to motivate the price to achieve more decline.
Therefore, our bearish overview will remain valid supported by the EMA50, depending on the price stability below 16.96, noting that we are waiting to visit 16.33 level mainly.
The expected trading range for today is between 16.65 support and 17.00 resistance.
The expected trend for today: Bearish