Silver is moving without a clear trend for intraday basis and as shown on the four hour chart it's trapped between 12.60 and 12.30 areas. Lots of bearish signals are under construction in particular WILLIAM % R and Stochastic showing an overbought case so we still expect a downside move as far as 13.06.

Note: The MFI (MARKET FACILITATION INDEX) appearing on the chart shows how volume is too low.

The trading range for today is among key support at 11.66 and key resistance now at 13.06.

The general trend is to the downside as far as 14.70 remains intact with targets at 9.85 and 8.50.

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