Silver price provided some bullish bias to approach 27.60 level, noticing that stochastic lost its positive momentum and begins overlapping negatively now, which supports the chances of resuming the expected bearish trend for the upcoming period, which targets testing 25.50 level mainly.
Therefore, we will be waiting for negative trades in the upcoming sessions, noting that breaching 27.60 will stop the suggested decline and pushes the price to resume the main bullish trend again.
The expected trading range for today is between 26.00 support and 27.60 resistance.
The expected trend for today: Bearish