Silver price fluctuates around 25.00 barrier, falling under continuous negative pressure coming by the EMA50, to keep the bearish trend active for today, waiting to head towards 24.55 that represents our next target.
On the other hand, we should note that breaching 25.50 will stop the suggested negative scenario and lead the price to start recovery attempts that target 26.45 followed by 28.90 areas initially.
The expected trading range for today is between 24.50 support and 25.50 resistance.
The expected trend for today: Bearish