Silver Weekly Technical Outlook

Silver dropped to 15.83 last week but lost much momentum after hitting 50% retracement of 13.62 to 18.05 at 15.38. Bullish convergence is also seen in 4 hours MACD and rebound should be due. Break of 16.58 resistance will confirm near term bottoming and turn bias back to the upside for 18.05 high.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/silver-weekly-technical-outlook-2016060533049/