The corrective upward pattern now appears complete at yesterdays high of $30.82. While it is too early to call for a changed trend, once Silver moves below 29.72, we could look at a target of $26 levels to be posted soon.
We could project lower levels, but lets revisit the pattern once Silver reaches $26. IF silver trades above 30.9$, then we should be looking to label the chart different;y.
See earlier chart posted months back. Still Valid.
Ananth J Acharya