Silver price begins today with additional decline to press on 24.20 level, but we will depend on the last daily close above this level to keep our positive overview for the upcoming period, supported by stochastic reach to the oversold areas, waiting to head towards 25.05 that represents our next main target.
On the other hand, we should note that failing to consolidate above 24.20 will stop the positive scenario and press on the price to turn to decline.
The expected trading range for today is between 23.90 support and 24.60 resistance.
The expected trend for today: Bullish