Overview
Silver price returns to fluctuate negatively to move below the 0.00 level. Taking a deeper look at the chart, we find that the price is facing potential negative formation shown on the minor image. This pattern's confirmation line is located at 19.50, thus, breaking this level might push the price to test the most important support for the short-term trading at 18.63 before any new attempt to rise. In general, we will continue to suggest the overall bullish trend as long as the 18.63 level remains intact and supported by the EMA50 waiting to head towards 22.00 followed by 22.40 levels mainly. The expected trading range for today is between the 19.00 support and the 21.00 resistance.
