Silver price presses on the support – Analysis – 15-06-2021 –

Silver price opens today’s trading with new decline to start pressing on 27.55 level, getting negative signal through stochastic, which supports the chances of breaking the mentioned support to open the way to head towards 26.85 that represents our next negative target.

Therefore, our bearish overview will remain valid and active for the upcoming period, noting that breaching 28.00 will stop the suggested decline and lead the price to start new recovery attempts.

The expected trading range for today is between 27.00 support and 28.00 resistance.

The expected trend for today: Bearish