Silver price managed to break 16.96 level and hold with a daily close below it, which supports the continuation of our bearish overview efficiently for the upcoming period, and the way is open to head towards 16.33 that represents our next main target.
Therefore, the bearish trend will remain dominant for today, noting that breaching 16.96 might push the price to test 17.60 areas before any new attempt to decline.
The expected trading range for today is between 16.50 support and 17.00 resistance.
The expected trend for today: Bearish