Silver price tested the key resistance 26.25 and bounced bearishly from there, to keep the bearish trend active in the upcoming sessions, which its targets begin by breaking 25.65 to confirm heading towards 24.95 as a next negative station.
The EMA50 keeps supporting the expected decline, noting that breaching 26.25 followed by 26.80 levels will stop the negative scenario and lead the price to regain the main bullish trend again.
The expected trading range for today is between 25.30 support and 26.25 resistance.
The expected trend for today: Bearish