Silver price continues to fluctuate near 16.96 level and keeps its stability above it, which keeps the bearish trend scenario valid until now, pointing that we are waiting for visiting 16.33 level as a next main target.
You should be aware that breaching 16.96 will lead the price to begin recovery attempts that target testing 17.60 levels initially.
The expected trading range for today is between 16.50 support and 17.10 resistance.
The expected trend for today: Bearish