Silver Weekly Technical Outlook

Silver's fall from 20.235 extended lower last week but stayed above 18.37 support. Overall, price actions from 21.22 are seen as a consolidation pattern. 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-2016091733582/