However, the last attempt failed to made a new high and that is a first sign of bearishness. Plus price has broken down the daily drawn as chart. Silver again tried to retest that but seems like it can't hold above there. This is a second sign of bearishness.
I think silver will fall more from here to the bottom of the box. Once the major at $19.2/oz can't hold, silver will be expected to fall heavily and quickly to the next major at $18/oz.
Sell 1 contract @$20.0
Stop loss over $20.8
Take profit $18.2 (might take partial profit at $19.2)
Thanks for reading. Stay tuned.