Overview
Silver price shows more sideways trading near the 14.25 level, while stochastic shows a bearish bias on intraday time frames, which supports the chance to trade negatively in the upcoming sessions to keep the bearish bias preferred on the intraday and short-term basis. The price needs to break the 13.96 level to reinforce the expectations for targeting 13.50 then 13.00 levels mainly, reminding you that the stability of the daily close below 14.25 important for achieving the suggested targets.
The expected trading range for today is between 13.70 support and 14.50 resistance.
The material has been provided by InstaForex Company - www.instaforex.com