Silver may be bottoming here and is waiting for its long awaited journey up again. Macd M to cross and slight rsi & cci divergence. As divergence increases price will go lower and then suddenly reverse upwards.
At this moment its good to hold. We have had news from China PBOC banning deposits and price managed to stay above 400. We may trade around 400-460 for 1-2 weeks. We will get a clearer indication then. This is just an overview of what can happen in the next few weeks.