Silver price returns to test 17.60 levek, and as we mentioned in our last reports, holding below this level is required for the continuation of the expected bearish trend on the intraday and short term basis, and its next target at 16.96.
Therefore, we wait for a negative trading today, being aware that breaching 17.60 will push the price to begin new recovery attempts that target testing 18.40 levels initially.
The expected trading range for today is between 17.20 support and 17.70 resistance.
The expected trend for today: Bearish