Silver maintains the sideways trade, within the context of the bullish correctional wave, where price managed to break above the descending resistance for the triangle pattern shown on chart. Accordingly, the bullish bias is still favored over intraday basis, and a break above 20.30 may confirm further upside. Settling back below 19.50-19.40 may signal the correction has ended and price to resume the overall trend.
Support: 19.65, 19.50, 19.25, 19.00, 18.70
Resistance: 20.13, 20.30, 20.50, 20.90, 21.40
Recommendation Long silver above 19.50 targets at 20.10 and 20.90. Stop loss below 19.00