Silver pushed higher on Friday, but remains below the first tier descending resistance shown on chart, and below the 50-days SMA in addition to the main descending trend line. Accordingly, the bearish scenario remains favored.

Support: 19.80, 19.50, 19.25, 19.00, 18.70
Resistance: 20.10, 20.20, 20.60, 21.00, 21.40
Recommendation Short below 20.60 targets at 20.00.19.25, and 18.70 Invalidation above 21.40

Support: 19.80, 19.50, 19.25, 19.00, 18.70
Resistance: 20.10, 20.20, 20.60, 21.00, 21.40
Recommendation Short below 20.60 targets at 20.00.19.25, and 18.70 Invalidation above 21.40