Silver price under the negative pressure – Analysis - 26-09-2019

Silver price achieved a strong break to 18.40 level and settled below it, to make the price return to the bearish correctional track again, in its way to achieve negative targets that begin at 17.60 and extend to 16.96 after breaking the previous level.

Therefore, the bearish bias will be preferred in the upcoming period, taking into consideration that breaching 18.40 will stop the expected decline and leads the price to achieve gains again.

The expected trading range for today is between 17.60 support and 18.20 resistance.

The expected trend for today: Bearish