Silver price hovers around 27.50 level and keeps its stability below it, accompanied by witnessing negative signals through stochastic, which forms negative motive that we are waiting to push the price to resume the expected bearish trend for the upcoming period, which targets 26.00 followed by 25.50 levels mainly.
On the other hand, we should note that breaching 27.50 will stop the expected decline and lead the price to resume the main bullish track again.
The expected trading range for today is between 26.50 support and 27.80 resistance.
The expected trend for today: Bearish