Silver price returns to decline and approaches 23.60 level, to keep the bearish trend dominant on the intraday and short term basis, reminding you that breaking this level will push the price to visit the next correctional level that reaches 22.13.
Therefore, we are waiting for more decline in the upcoming sessions, noting that breaching 25.06 will push the price to start recovery attempts and regain the main bullish trend again, targeting 26.88 level initially.
The expected trading range for today is between 23.00 support and 25.00 resistance.
The expected trend for today: Bearish