Silver Weekly Technical Outlook

No change in silver's outlook. A short term bottom was formed in 13.91 and the near term trend is reversing. Also, the consolidation from 14.155 is still in progress with rebound from 13.91 as the third leg. Further rise would be seen back to 15.71 resistance first. Sustained break there will confirm this case and target 17.775/18.505 resistance zone. At this point, we'd expect downside attempt to be contained above 14.24 minor support.

from Oil N' Gold Focus http://ift.tt/1G8V6nf