Silver is still trading in a downside direction after performing a slight correctional movement that brought the metal to 10.85 levels. Now the price is at a pivot support level at 10.45 where the downside direction is expected to persist targeting 9.82 but taking into consideration that momentum indicators are delaying our prediction as shown on the four hour chart.

The trading range for today is among the key support at 9.82 and the key resistance at 11.92

The general trend is to the downside as far as 14.70 remains intact with targets at 9.82 and 8.50

Resistance10.77 10.95 11.00 11.05 11.20