Overview
The silver price shows quite volatile moves near the minor bearish channel shown in the image. As long as the price is below the 15.30 level, the bearish trend scenario will remain valid and active in the upcoming period; and the price is likely to break the 15.00 level to open the way towards targets at 14.67 then 14.27 levels initially. We remind you that a breach of the 15.30 level will turn the price back to the bullish track, which main targets begin at the previously recorded top of 16.35.
The expected trading range for today is between the 14.65 support and the 15.30 resistance.
