Silver Gives Up Gains

Silver started the Day with clear positivity testing intraday high of 24.80 , however, prices could not sustain the resistance and correction pushed the white metal to intraday low of 24.20

Price trades with clear negativity to break 24.75 level and turns to decline for the rest of the day, on its way to visit 23.80 before attempting to return to rise again.

Therefore, we expect to witness more decline in the upcoming sessions unless the price managed to breach 24.75 and hold above it.

The expected trading range for today is between 24.00 support and 24.75 resistance.

The expected trend for today: Bearish