Silver price continues to provide the negative trading to fluctuate around 14.50 level now, waiting for more decline to visit the bearish channel’s support line that declines now to 14.00, supported by the EMA50.
Therefore, the bearish trend will remain dominant in the upcoming sessions unless we witnessed clear breach and hold above 15.00.
Expected trading range for today is between 14.20 support and 14.70 resistance.
Expected trend for today: Bearish