3
Silver prices remain below the $30.63 level, maintaining the validity of the bearish trend for today. The focus now shifts to the potential for a negative momentum that could drive prices towards the target of $29.64. A break below this level would pave the way for a further decline, with $29.00 being the next key support. The bearish outlook will remain intact unless the price breaks above $30.63 and sustains above this level.
The expected trading range for today is between $29.80 on the support side and $30.65 on the resistance side.
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Trend Outlook: Bearish
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