Silver: Bearish within a 4H Channel Down.

Silver has broken through the previous Low into an emerging Channel Down on 4H (RSI = 40.361, MACD = -0.033, Highs/Lows = -0.0364, B/BP = -0.1060). The dashed lines however keep the price for the time being inside a Falling Wedge with 15.600 as the Resistance. If the price breaks the wedge downwards, the immediate target is 15.300. If it pulls higher and then reverses we will set two targets: 15.420 and naturally 15.300.






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