Silver is coiling and I think we will see a very nice risk reward of about 3:1 here very soon. The MACD is gaining some good momentum in positive territory and the RSI is in a good entry point range. The 50 Day MA is coming up right to the price point and I expect it to hold as support as we've seen across the market (so far). This entire setup relys on confirmation and a retest of the upper trend line. Everything could go either way right now.