Silver price shows sideways trading and moves near the main bearish channel’s resistance, and as long as the price is below 14.30, our bearish overview will remain valid for today, supported by the EMA50 that keeps pressing negatively on the price, reminding you that our waited target reaches 13.30.
Expected trading range for today is between 13.80 support and 14.30 resistance.
Expected trend for today: Bearish