Silver price faces negative pressure to attack 24.60 level and attempts to hold below it, which urges caution from the upcoming trading, as confirming breaking this level represents negative factor that will put the price under negative pressure in the upcoming sessions.
Until now, the bullish trend scenario still valid conditioned by the price stability above 24.60, supported by the negativity of the technical indicators, reminding you that our first target is located at 25.50.
The expected trading range for today is between 24.40 support and 25.00 resistance.