The price of silver continues its sideways movement in the $19.00-$19.50 range. During the Asian trading session, they were below the midpoint of $91.25. It could be said that the price of silver will retest the support at the $19.00 level. For a bearish option, we need a drop below $19.00; after that, we can expect a continuation of the bearish trend. Potential lower targets are $18.75 and $18.50 levels. For a bullish option, we need a new positive consolidation, and a return above $19.25 left first. Then we can expect growth to the upper resistance zone at $19.50. A break above would increase optimism that we can see further price recovery towards the $20.00 level.
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