Silver price bounced bearishly after testing the bearish channel’s resistance that appears on the chart, to keep the price organized inside this channel, waiting for more decline in the upcoming period to visit 14.05 areas initially.
Therefore, the bearish trend will remain suggested on the intraday and short term basis conditioned by the price stability below 14.85.
Expected trading range for today is between 14.40 support and 14.85 resistance.
Expected trend for today: Bearish