Silver gives up early gains,meets resistance at 22.90

Silver price attempted to breach 22.90 level but it returned to hold below it, which keeps the bearish trend scenario valid and active for the upcoming sessions , waiting to head towards 21.65 as a first main target.

Note that breaching 22.90 will push the price to test the main resistance 23.45 before any new attempt to decline.

The expected trading range for today is between 22.20 support and 23.00 resistance.

The expected trend for today: Bearish