Silver price shows more of the downside moves, to move away from the bearish channel’s resistance, reinforcing the expectations of achieving more of the downside moves in the upcoming sessions, supported by the negative pressures that comes from the EMA50, reminding you that our next target at 14.05, and achieving it conditioned by holding below 14.85 level.
Expected trading range for today is between 14.40 support and 14.85 resistance.
Expected trend for today: Bearish