Silver price shows more bearish bias to test the EMA50 that continues to provide the positive support to the price, noticing that stochastic shows clear positive signals now, which supports the chances of resuming the main bullish trend, organized inside the bullish channel that appears on the chart, noting that the next main target is located at 18.93.
Therefore, the overall positive scenario will remain valid unless breaking 17.10 level and holding below it.
The expected trading range for today is between 17.40 support and 18.00 resistance.
The expected trend for today: Overall Bullish