Silver price loses momentum
Silver price continues to fluctuate within tight track around the EMA50, and as long as the price is below 18.38, the bearish trend scenario will remain valid for the upcoming period, supported by stochastic reach to the overbought areas, reminding you that our main waited target is located at 17.60.
The expected trading range for today is between 17.60 support and 18.15 resistance.
The expected trend for today: Bearish