Silver slips as the dollar index recoups recent losses. The price has stabilised over the daily support and psychological level of 18.00. A series of higher highs led sellers to cover their positions. The market is in a post-swing consolidation until a breakout on either side lifts momentum once again. 19.60 is the immediate resistance and its breach could carry the precious metal to the previous peak around 20.80. 18.80 is a fresh support and the zone between 18.00 and 18.30 is a critical floor to keep the current rebound intact.
