Silver price shows sideways and tight trading, settling below 14.73 that represents the first protecting factor t othe continuation of the recently suggested bearish trend scenario, waiting to resume the bearish trend that targets 13.93 level mainly.
We remind you that breaching 14.85 will complete forming bullish pattern that has the ability to push the price to extend the correctional bullish wave towards 15.22 followed by 15.62 levels as next main stations.
Expected trading range for today is between 14.30 support and 14.75 resistance.
Expected trend for today: Bearish