Silver closed higher due to short covering on Friday and the high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold and are turning neutral to bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a low has been posted. If it renews last week's decline, June's low crossing is the next downside target.