Silver price settles below 15.08 level, thus, the negative scenario will remain valid for the upcoming period, supported by the EMA50 that presses negatively on the price, reminding you that our waited target is located at 14.17.
On the other hand, we should note that breaching 15.08 and holding above it will stop the negative scenario and leads the price to rise again.
The expected trading range for today is between 14.60 support and 15.10 resistance.
The expected trend for today: Bearish