Overview
The silver price is trading downwards trying to breach the minor bullish channel's support, so be careful in upcoming trading. The price is likely to test 16.56 before it returns to a rise again. The price struggles to surpass the EMA50. In general, the bullish trend scenario will remain active until now if the price settles above 16.56 levels. The price is likely to target 17.43 levels initially, followed by the breach attempt to head towards 18.30. The expected trading range for today is between the 16.75 support and the 17.43 resistance.
