Xag/Usd - Spot Silver

Daily downtrend still in force after last weeks break of the weekly long term up trend. With 4 hrly charts still in retracement mode with indicators +ve, near term resistance is seen at the weekly up trend support now turned resistance at  15.73 slightly below the 50 fib. Above there we have the down channel res at 15.96.

Will be looking for price to fail at resistance with a break of 15.33 hearlding the next leg lower.