Silver price fluctuates with slight negativity to move away gradually from 23.60 level, which supports the continuation of our bearish overview on the intraday and short term basis, reinforced by the negative pressure formed by the EMA50, reminding you that our next target is located at 22.17.
It is important to note that the continuation of the expected bearish wave conditions holding below 23.60 and 23.80 levels.
The expected trading range for today is between 22.30 support and 23.80 resistance.
The expected trend for today: Bearish