Silver Price Analysis Expected Scenario Silver price shows new bullish bias to move above 29.30$ level, noticing that the EMA50 forms good negative pressure against the price, while stochastic loses its positive momentum clearly. Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which targets 28.55$ as a next negative station, noting that the continuation of the rise and breaching 30.06$ will stop the expected decline and lead the price to turn to rise. Expected Trading Range The expected trading range for today is between 28.85$ support and 29.70$ resistance.

Trend Forecast: Bearish