Silver price tested 25.05 level and bounced bearishly from there, to keep the bearish trend scenario valid and active for the upcoming period, supported by the EMA50, waiting for more decline to visit 24.20 mainly.
We remind you that breaching 25.05 will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 24.20 support and 25.00 resistance.
The expected trend for today: Bearish