Silver closed lower on Friday and The low-range close set the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it extends this month's decline, the 62% retracement level of the 2008-2011-rally crossing is the next downside target.