Silver price continued to decline yesterday to test the key support 25.06 and keeps its consolidation above it, as the EMA50 meets this support to add more strength to it, accompanied by witnessing positive signals through stochastic now.
Therefore, these factors support the chances of resuming the bullish trend in the upcoming sessions, and the targets begin at 26.88 and extend to 27.60, noting that breaking 25.06 will stop the positive scenario and press on the price to achieve additional decline that targets 23.60 level initially.
The expected trading range for today is between 24.70 support and 26.00 resistance.
The expected trend for today: Bullish