Silver Price Analysis: Expected Scenarios Silver price settles below the broken neckline of the double top pattern that its signs appear on the chart, to keep the negative effect of this pattern active, waiting to resume the negative trades to achieve our targets that start at 26.00$ and extend to 25.15$.

Bearish trend scenario The EMA50 supports the suggested bearish wave, which will remain valid unless breaching 26.90$ and holding above it.

Bearish trend continuation The expected trading range for today is between 25.90$ support and 26.70$ resistance.

Trend forecast: Bearish