Silver price bounced bearishly after approaching 15.22 level yesterday, to resume its expected bearish track on the intraday and short term basis, supported by the EMA50, waiting to visit 14.73 level mainly.
We remind you that breaking the mentioned level will extend the bearish wave to reach 14.50, while breaching 15.22 will stop the expected decline and push the price to achieve gains that start at 15.62.
The expected trading range for today is between 14.85 support and 15.25 resistance.
The expected trend for today: Bearish