We have bounced off the daily trend line recently and the next major resistance will be at around the MA10 level. We may see a rejection there in which case we will be heading much lower towards MA 50 - ($1839) or even EMA 150 ($1732) before heading higher than the current ATH
The level to watch in Silver is 26. This level was tested three times as support in 2011- 2012 and is now the resistance (38.2 fib zone). I am thinking wait to go long once we breakout at 26 or retest of support & not in between.