Silver price managed to achieve the first waited target at 15.22, starting today with more bearish bias to break this level and move below it now, which supports the expectations of extending the bearish wave towards our next negative targets that reach 15.00 followed by 14.73.
Therefore, we will continue to suggest the bearish trend on the intraday basis unless the price rallied to breach 15.62 level and hold above it.
Expected trading range for today is between 15.00 support and 15.30 resistance.
Expected trend for today: Bearish