Silver Price Analysis Expected Scenario Silver price faced strong negative pressure in the previous sessions, confirming the break below 30.06$ and reaching 29.30$ now, aiming towards achieving further decline in the upcoming sessions with a target at 28.55$ as the next station. The bearish bias is expected for today, and breaking the targeted level will likely push the price to suffer additional losses down to 27.65$, while breaching 30.06$ represents the key to starting a new bullish wave and attempting to confirm the end of the current bearish correction. Expected Trading Range The expected trading range for today is between 29.00$ support and 29.85$ resistance.
Trend Forecast: Bearish