Silver price could not manage to step above 25.50, showing bearish bias to approach gradually from 25.00 level, which makes us suggest the domination of the bearish trend in the upcoming sessions, noting that breaking the last level will provide negative motive that supports the chances of achieving additional decline that targets testing 24.30 level initially.
Therefore, we expect witnessing negative trades today, taking into consideration that breaching 25.50 will stop the expected decline and leads the price to resume the main bullish trend again.
The expected trading range for today is between 24.60 support and 25.60 resistance.
The expected trend for today: Bearish