Silver price returns to decline after the recent tight fluctuation, to gradually approach our first waited target at 19.70, motivated by the negative signals provided by stochastic, reminding you that breaking the mentioned level will push the price to 18.90 followed by 18.22 levels as next main stations.
The EMA50 continues to support the suggested bearish wave, organized inside the bearish channel that appears on the chart, reminding you that the continuation of the bearish trend depends on the price stability below 20.64.
The expected trading range for today is between 19.40 support and 20.30 resistance.
The expected trend for today: Bearish