Silver price settles below 27.60 level, which keeps the bearish trend scenario active on the intraday basis, waiting to resume the decline to visit 25.50 mainly.
On the other hand, we should note that stochastic and the EMA50 positivity might push the price to provide new positive trades and attempt to surpass 27.60, which breaching it represents the key to resume the main bullish trend that its next target located at 29.80.
The expected trading range for today is between 26.70 support and 28.00 resistance.
The expected trend for today: Bearish