Silver is gathering the momentum it needs around the key resistance level at 14.45, where the upper line of our detected channel matches the overbought signs on Stochastic and William % R indicators. Therefore, we keep our out look to the downside as far as the technical effect of the bearish harmonic pattern continues. Only a break of 14.75 areas could invalidate the pattern.
The trading range for today is among the key support at 13.30 and key resistance now at 15.30.
The general trend is to the upside as far as 10.95 remains intact with targets at 16.85.