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Silver's rebound from 18.37 was limited at 20.235 last week and reversed. Overall, silver is bound in the consolidation pattern from 21.22. Downside attempts should be contained by 38.2% retracement of 13.62 to 21.22 at 18.32. However, firm break of 18.32 will bring deeper fall to 61.8% retracement at 16.525.


from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/silver-weekly-technical-outlook-2016091133553/
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