Silver price returns to fluctuate near the bearish channel’s resistance and keeps its stability below it, while the EMA50 keeps forming the negative pressure agains the intraday and short term trades, to keep the bearish trend scenario active until now, depending on the price stability below 14.30, waiting to head towards 13.30 that represents our next main target.
Expected trading range for today is between 13.80 support and 14.30 resistance.
Expected trend for today: Bearish