Silver price retested 29.20 and remained stable below it, which keeps our overall bearish trend scenario that depends on the stability below the mentioned level and below the previously broken main support level at 29.55, to be waiting for bearish targets that mainly begin at 27.00.
Stochastic provides current positive signals that might keep the sideways range fluctuating valid for some time, and might extend to attempt to push the price above the above mentioned critical levels.
Expected trading range for today is between: 27.00 support and 29.55 resistance.
Expected trend for today: Bearish