Silver price continues to fluctuate near 15.62, and we still waiting to break this level to confirm extending the bearish wave towards 15.22.
The EMA50 presses negatively on the price to support the continuation of the expected bearish trend on the intraday basis, which will remain active unless breaching 16.00 level and holding above it.
The expected trading range for today is between 15.40 support and 15.90 resistance.
The expected trend for today: Bearish