Silver price closed yesterday below 14.17, to keep the bearish trend scenario active for the upcoming period, supported by the negative overlapping signal that appears through stochastic, waiting to test 13.05 that represents our next negative target.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless breaching 14.17 level and holding above it.
The expected trading range for today is between 13.50 support and 14.30 resistance.
The expected trend for today: Bearish