Silver price shows sideways trading recently, keeping its stability below 14.32 level, noticing that the EMA50 keeps protecting trading inside the bearish channel, to keep the bearish trend dominant in the upcoming sessions, supported by the negative signal provided now by stochastic.
Therefore, we are waiting to visit 13.50 level as a next main station, noting that holding below 14.50 is important to continue the expected decline.
Expected trading range for today is between 13.80 support and 14.32 resistance.
Expected trend for today: Bearish