Silver is trading lower, approaching hourly support at 16.27 (07/02/2018 low) while hourly resistance at 16.83 ( 16.98 (15/02/2018) remains.
In the long-term, the trend remains negative/ sideways. Further downside is very likely. The pair is trading below its 200 DMA. Resistance is located at 21.58 (10/07/2014 high). Strong support can be found at 11.75 (20/04/2009).
 while hourly resistance at 16.83 ( 16.98 (15/02/2018) remains.){kind=link}