Silver price shows sideways trading and settles at 18.00 barrier, waiting to surpass this level to open the way to rally towards our next negative target at 17.60.
In general, we will keep our bearish overview supported by the negative pressure formed by the EMA50 unless breaching 18.30 level and holding above it.
The expected trading range for today is between 17.80 support and 18.30 resistance.
The expected trend for today: Bearish