Silver price hovers around 19.60 level, noticing that stochastic loses its positive momentum gradually, while the price begins today with slight bearish bias, to hint the attempt to resume the recently suggested bearish wave.
Therefore, we will keep our bearish overview, waiting to visit 19.20 initially, taking into consideration that confirming breaching 19.60 will push the price to build new bullish wave that targets testing 20.00 areas as a first main station.
The expected trading range for today is between 19.20 support and 19.80 resistance.
The expected trend for today: Bearish