More Near Term Downside for Silver

The Weekly chart of Silver is developing a bear flag formation signaling another leg to the downside. But there is potential strong support at the $20.85 level which has served as multiyear historical resistance and also happens to be the 50% retracement level of the most recent rip to the upside since the March 2020 liquidity event. I believe this possible down move may prove to be an excellent long term buying opportunity.