Silver price provided clear negative trades yesterday to start pressing on 16.85 level, which supports the continuation of our bearish overview on the intraday and short term basis, paving the way to head towards 16.33 that represents our next main target.
Therefore, we will keep our negative overview conditioned by the price stability below 17.25.
The expected trading range for today is between 16.60 support and 17.00 resistance.
The expected trend for today: Bearish