Silver has reached the detected key resistance of 14.96, where it started to show negative actions as we mentioned in our technical messages. We think that the metal is on the way to activate the previous discussed negative divergence and the bearish harmonic [Bat]. Hence we keep our overview to the downside for the rest of the day.
The trading range for today is among the key support at 13.85 and key resistance now at 15.70.
The general trend is to the upside as far as 10.95 remains intact with targets at 16.85.