Consolidation could end imminently resulting in another beautiful upleg. THE RSI elegantly pulled back on the 50 level, giving it a strong positive momentum to rise.
You could also consider investing in the main silver miners to get better leverage on your investment. My favourite picks are Mag Silver, First Majestic Silver, SilverCrest, Pan American Silver, Alexco, FOrtuna, AMS Gold & Silver.
I expect a pullback when silver drops below 20/oz. as it's all profits above 15/oz. I'd reverse the Fibonacci bottom up to your top and see the potential, as silver staying strong. Fib top down is more expansion than retracement with market so strong opposite (...expansion = investment potential opportunity). Mining stocks have an averaged cost in to break even, above that can go down to bottom line as earnings, dividends, profits to stock holders and spikes from $18 to $23.50+ is a strong spike. Gold has been hovering just over 1800/oz. and will also eventually have a spike based on economic trends and pandemic unemployment rates. Who has definition of when silver prices affect stock price when it's all gravy, so take some along the way and enjoy the volatility vs holding real $$ devaluing as they print more.