Silver price traded with clear negativity yesterday to approach the bearish channel’s support line that appears on the chart, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, reminding you that our main waited target is located at 13.93.
The EMA50 keeps supporting the suggested bearish wave, which its continuation conditions holding below 14.73.
The expected trading range for today is between 14.10 support and 14.50 resistance.
The expected trend for today: Bearish